NZD gets hammered on coalition news. CHF safety bid makes it the strongest. - ConsultFX

NZD gets hammered on coalition news. CHF safety bid makes it the strongest.

USD up against the NZD and GBP, but down against the rest. The NZD is running away with the activity today. The new coalition government has sent the NZD tumbling to the downside. Against the majors, the NZD is down from -1.7% to -2.29%.   Those are some big % moves to the downside for the kiwi. Copyright 2015 Forexlive.com