NZDUSD is up for the 3rd consecutive day despite the poor dairy auction on Tuesday

Greg had a comprehensive rundown on the New Zealand dollar:

Do check out that post - plenty to chew on in there!

I'm just adding in here the dairy auction results overnight, continuing the string of losses.

nzd dairy 18 May 2022

Dairy is a huge New Zealand export. The currency, though, is more impacted by global developments right now.

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