According to Jin10 Data, the New Zealand Dollar strengthened against the U.S. Dollar during Asian trading on November 9, as traders awaited Saturday's closely contested election results. Sean Carroll, senior currency strategist at ITC Markets, noted that traders are betting on a center-right National Party victory with support from minor coalition partners. Should the National Party assume office, New Zealand's Reserve Bank policy framework is expected to maintain its focus solely on inflation targeting, rather than expanding to include full employment objectives.

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