Speculative traders increased their bearish exposure to the New Zealand dollar, according to the latest Commitments of Traders (CFTC) data released on 3 April 2026. Net speculative positions on NZD fell further to -28.6K contracts, down from -27.0K previously.
The move signals a modest but clear extension of negative sentiment toward the kiwi, with market participants adding to net short positions rather than paring them back. While the shift is incremental, the data suggests that traders remain cautious on New Zealand’s currency outlook, maintaining a firmly bearish stance for now.
