2025.05.2319:30:00UTC+00New Zealand Dollar Sentiment Dips as CFTC Net Positions Hit -23.7K

Currency traders speculating on the New Zealand Dollar (NZD) have shown an increase in bearish sentiment according to the latest Commitment of Traders report from the Commodity Futures Trading Commission (CFTC). As of May 23, 2025, the number of speculative net positions for the kiwi fell further into negative territory, reaching -23.7K. This is a shift from the previous indicator which was already at -22.6K.

This decline suggests that traders are increasingly betting against the NZD in the futures market, which could reflect concerns over New Zealand's economic resilience amidst global uncertainties. The continuous drop in net positions might signal trader expectations of weakening in New Zealand's economic conditions or potential shifts in global risk sentiment impacting the currency's attractiveness.

The latest figures highlight the challenge the NZD faces in reversing this trailing sentiment. As investors continue to analyze market conditions, the coming weeks will determine if this trend persists or if the New Zealand Dollar can regain some strength in the speculative markets. Forex traders and economic analysts alike will be keeping a close watch on macroeconomic indicators that could sway investor confidence in the NZD's trajectory.