NZD/USD Intra-Day Fundamentals: GlobalDairyTrade Price Index and 26 pips price movement
by
, 02-02-2016 at 08:05 PM (1111 Views)
2016-02-02 13:53 GMT | [NZD - GDT Price Index]
- past data is -1.4%
- forecast data is n/a
- actual data is -7.4% according to the latest press release
if actual > forecast (or previous one) = good for currency (for NZD in our case)
[NZD - GDT Price Index] = Change in the average price of dairy products sold at auction. It's a leading indicator of the nation's trade balance with other countries because rising commodity prices boost export income.
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NZDUSD M5: 26 pips price movement by GlobalDairyTrade Price Index news event :