NZD traders - heads up for the GDT dairy auction coming up Tuesday, London time

The GlobalDairyTrade (GDT) auction begins at midday in London on October 1, the results will come out in the hours following.

Recent results:

The GlobalDairyTrade (GDT) auction begins at midday in London on October 1, the results will come out in the hours following.

Expectations are for another small rise in the index at the auction today.

Dairy is a big export for NZ, a lift in prices is a supportive input for the NZD.

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