Leveraged funds have pushed short positions on the New Zealand dollar to a record high, betting that a recent rebound in global oil prices could intensify domestic economic pressure, according to Bloomberg.
The move reflects growing bearish sentiment toward the kiwi as traders weigh the currency against the oil-led shift in global markets.
STOCKS | Hedge Funds Lift Kiwi Shorts to Record on Oil Rebound
2026-07-20 03:27:54
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