New Zealand Dollar Firms as Traders Await Election Result
The New Zealand dollar firmed in Asia as traders awaited an official declaration of the winner of Saturday’s election. Traders were betting the National Party would win with minor-party support, according to an ITC Markets strategist.
The New Zealand dollar firmed in Asia even as traders await an official declaration on the winner of Saturday's knife-edge election. Traders are betting that the center-right National Party will win with the help of minor parties, says Sean Callow, senior currency strategist at ITC Markets. If Labo…