New Zealand dollar is slumping with the coalition of Labour and NZ First parties

Currencymuseum.net The NZDUSD is under a huge amount of pressure overnight after New Zealand has finally formed a government andcenter-leftLabour party leader Jacinda Ardern is going to be the new Prime Minister. This was probably the worst case scenario for NZD bulls. The market seems to be leaning towards a weak NZD in the coming weeks or months ahead. The NZDUSD is under a huge amount of pressure overnight after New Zealand has finally formed a government and center-left Labour party leader J...