JasvinderMahay

NZD, National Party Wining Elections and What lies tomorrow?

Long
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Incumbent National party won today, but not a clear majority. Status quo means stability and good for markets. I see uptrend in NZDUSD .

Markets do not want a change (Labor Party), whenever snap polls surveys showed Labor Party ahead, look at Bloomberg graphicshowing negative reactions!
Key Labor policies shows divergence, and potentially bad for economy, you be the judge and study Labor polices here: www.labour.org.nz/policy

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