I seem to have done little else but post on New Zealand (and German) election outcomes

NZD 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):

For the NZ ... two pertinent points:

  1. "markets never like uncertainty"
  2. 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.