NZD/USD traded firmer in Asian hours as markets await the outcome of Saturday's
tight New Zealand general election. ITC Markets senior FX strategist Sean Callow
says traders are pricing a centre-right National Party win with support from
smaller parties. If Labor loses, the RBNZ's policy remit would not be expanded
to include "full employment"; a National government is expected to retain a
policy framework focused solely on an "inf target".