NZD slides further

I seem to have donbe little else but post on New Zealand (and German) election outcomesNZD has been a big move on the session, retracting much of tis early ‘gap’ and subsequently dropping to fresh lows. Those have just extended:

NZD has dropped even further against many of its crosses — GBP/NZD and AUD/NZD notable.
I posted earlier (on NZ and Germany, both had elections over the weekend):

  • New Zealand election outcome uncertainty — the two key dates to watch

  • German election: «German vote could doom Merkel-Macron deal on Europe»
  • German and NZ election result updates (EUR and NZD updates too)
  • Monday morning 25 September 2017, Forex prices — early indications
  • New Zealand — Fonterra maintains its 2017/18 milk price forecast
  • German election — Opposition leader Schultz harder line on Brexit
  • New Zealand election update
  • EUR, NZD both a touch lower after weekend elections
  • More on the NZ election: «markets never like uncertainty»

For the NZ … two pertinent points:

  • «markets never like uncertainty»
  • New Zealand election outcome uncertainty — the two key dates to watch
  • NZD volatility surrounding the election outcome could go on for a number of weeks.

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