The latest Global Dairy Trade auction is currently under way
Or should that be under whey? ( Cap doffed to reader Gai for the milk puns idea in the link below)
Either way/whey we get the results around 14.30 GMT and NZD traders are in hold-mode until we learn more.
Eamonn had his usual comprehensive preview here.
NZDUSD currently 0.6606 biding its time but also caught up in cross play crossfire.
Any more milk/dairy puns for this event, or indeed the attention/importance attached to it ?