Will ECB Help or Hurt the Euro? | BK Asset Management: "NZD Hit Hard by Lower Milk Prices
The worst performing currency today was the New Zealand dollar. There was no scheduled data from New Zealand but dairy prices plunged 8.9% at this morning’s Fonterra Cooperative Group’s online auction. Over the past 2 months, dairy prices have fallen 18% after farmers increased production in response to higher prices."
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