GDT data sends Kiwi 1.3% higher

Source: WBP Online
© AFP Photo
The Kiwi gained 1.3%, trading at $0.7040 against the US Dollar on the New York Stock Exchange by 14:30 GMT, as soon as New Zealand's Fonterra released its fortnightly auction. According to the latest Global Dairy Trade data, the average price jumped 3.8% to $2,263 per metric tonne, compared to the 2.1% rise to $2,188 per metric tonne posted on April 5.
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