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26.06.202619:30:00UTC+00Speculators Deepen Bearish Bets on New Zealand Dollar as Net Shorts Widen

CFTC data show that speculative positioning in the New Zealand dollar has turned more negative, with net short positions widening from -45.2K to -54.8K contracts, according to figures updated on 26 June 2026.

The increase in net shorts suggests that traders are strengthening their bearish stance on the NZD, potentially reflecting concerns over New Zealand’s economic outlook, interest rate trajectory or global risk sentiment. A higher level of net short positioning typically indicates that market participants are increasingly positioning for further weakness in the currency.

While the data do not explain the drivers behind the shift, the move from -45.2K to -54.8K highlights a clear deterioration in speculative sentiment toward the New Zealand dollar, which could weigh on the currency if this trend continues.

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