News Headline Summary

NZD/USD continues trades in minor negative territory following reports that Fonterra and NZ government officials are worried that the discovery of chemical traces in milk could make regulators and consumers reject NZ exports

Analysis details (10:54)

- The Ministry for Primary Industries on Thursday announced the suspension of products containing the compound dicyandiamide (DCD) after improved testing showed low-level residues were present in milk and milk powder.

24 Jan 2013 - 10:49 - Forex - Source: RANsquawk/Radionz.co.nz

Subscribe Now to RANsquawk

Click here for a 1 week free trial

RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: