Jeff_Jeff_ , FX Trader, Saxo Bank
Singapore, 28 August 2012 at 00:34 GMT+0
Recommended Recommend Unrecommend Recommend
NZ'S FONTERRA SAYS LOWERS 2012/13 FORECAST PAYOUT TO NZ$5.65 -NZ$5.75
NZ'S FONTERRA SAYS LOWER FORECAST DUE TO ONGOING NZ$ STRENGTH

Nzdusd of 15 points on this albeit slowly. Fronterra is NZ's biggest exporter and these sorts of headlines tend to weigh on NZD very heavily.

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Saxo Bank provides an execution-only service. The material on this website does not contain (and should not be construed as containing) investment advice or an investment recommendation, or a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. Saxo Bank accepts no responsibility for any use that may be made of these comments and for any consequences that result.

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