The euro and the New Zealand dollar fell amid political instability

The rate of the New Zealand dollar fell when the ruling National Party won the most votes in the last elections, however, without gaining an absolute majority.

Now there is an opportunity to form a coalition. The euro also fell when Germany’s Chancellor Angela Merkel won the election in Germany, remaining for the fourth term, confronted with the problem of parliamentary instability due to the increased popularity of the ultra-right. Continue reading