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  <title>The Currency Report</title>
  <link>http://www.alaron.com/currency_report.aspx?blogid=88</link>
  <description>Paul Kavanaugh</description>
  <dc:date>2012-09-28T22:56:29Z</dc:date>
  <dc:language>en-US</dc:language>
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 <item rdf:about="/currency_report.aspx?id=22478&amp;blogid=88">
  <title>IMM Currency Specs added to massive net long Euro bets, latest CFTC data shows</title>
  <link>http://www.alaron.com/currency_report.aspx?id=22478&amp;blogid=88</link>
  <description><![CDATA[<p>Currency Analysis By Paul Kavanaugh, PFGBEST 1 888 439 6033 pkavanaugh@pfgbest.com 41st straight week of net long US dollar bets Net Long US dollar bets rose by 22.78% from $22.13 billion to $26.73 billion according to CFTC data as of</p>]]></description>
  <dc:creator>Paul Kavanaugh</dc:creator>
  <dc:date>2012-07-01T14:54:00Z</dc:date>
  <content:encoded><![CDATA[<p><font face="Calibri">Currency Analysis</font></p>
<p><font face="Calibri">By Paul Kavanaugh, PFGBEST</font></p>
<p><font face="Calibri">1-888-439-6033</font></p>
<p><font face="Calibri">pkavanaugh@pfgbest.com</font></p>
<p><font face="Calibri">-41st straight week of net long US dollar bets</font></p>
<p><font face="Calibri">-Net Long US dollar bets rose by 22.78% from $22.13 billion to $26.73 billion according to CFTC data as of June26<sup>th</sup> data (source Reuters)</font></p>
<p><font face="Calibri">-Large speculators maintaining significant percentage of near all-time record net short Euro bets</font></p>
<p><font face="Calibri">-Large speculators increasing net short Swiss Franc bets by more than double</font></p>
<p></p>
<p></p>
<font face="Calibri"><img title="2012 06 30 euro" alt="2012 06 30 euro" src="http://www.alaron.com/uploadedImages/alaron/quotes_and_research/daily_research/Currency_Report/2012 06 30 euro.png" border="0" /></font><p><font face="Calibri">CFTC data released Friday June 29th shows large IMM currency speculators are still hold near all-time record net short positions in Euro, and have covered more that 95% of net short British Pound Sterling positions. The most recent Commitments of Traders data shows some significant percentage changes in speculative positions in the currencies from the prior week including the following:</font></p>
<p><font face="Calibri">Commitments of Traders Data</font></p>
<p><font face="Calibri">(Non-Commercial Net Position Data)</font></p>
<p><font face="Calibri">A minor 13.12% increase from 8,201 to 9,277 contracts net long of the Canadian dollar;</font></p>
<p><font face="Calibri">A massive 240.17% increase from 7,007 to 23,836 contracts net short of the Swiss Franc;</font></p>
<p><font face="Calibri">A nearly reversing 95.58% decrease from 17,153 to just 758 contracts net short of the British Pound Sterling;</font></p>
<p><font face="Calibri">A significant 69.99% decrease from 15,137 to just 4,542 contracts net long of the Japanese Yen;</font></p>
<p><font face="Calibri">A steady 13.33% increase from 141,066 to 159,880 contracts net short of the Euro;</font></p>
<p><font face="Calibri">And an important 37.56% decrease from 3,458 to 2,159 contracts net short of the Australian dollar, (following significant recent net short positions);</font></p>
<p><font face="Calibri">(Source CFTC.gov)</font></p>
<p><font face="Calibri">See what PFGBEST analysts have to say about the markets for MIDYEAR 2012...keep an eye on PFGBEST website to get the PFGBEST MIDYEAR Outlook 2012 coming soon!</font></p>
<p><font face="Calibri">Read my most recent contribution to SFO Magazine’s "From the Experts" Column</font></p>
<p><font face="Calibri">Sell Silver First of May, Walk Away ‘Till Labor Day?</font></p>
<p><font face="Calibri">http://bit.ly/IKLy8d</font></p>
<p><font face="Calibri">(Note: you may need to cut and paste this link into your internet browser’s address line)</font></p>
<p><font face="Calibri">Good Trading!</font></p>
<p><font face="Calibri">There is a substantial risk of loss in trading futures and options. Past performance is not indicative of future results. The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or commodities. PFGBEST, its officers and directors may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction.</font></p>
<p><font face="Calibri">CFTC data released Friday June 29th shows large IMM currency speculators are still hold near all-time record net short positions in Euro, and have covered more that 95% of net short British Pound Sterling positions. The most recent Commitments of Traders data shows some significant percentage changes in speculative positions in the currencies from the prior week including the following:</font></p>
<p><font face="Calibri">Commitments of Traders Data</font></p>
<p><font face="Calibri">(Non-Commercial Net Position Data)</font></p>
<p><font face="Calibri">A minor 13.12% increase from 8,201 to 9,277 contracts net long of the Canadian dollar;</font></p>
<p><font face="Calibri">A massive 240.17% increase from 7,007 to 23,836 contracts net short of the Swiss Franc;</font></p>
<p><font face="Calibri">A nearly reversing 95.58% decrease from 17,153 to just 758 contracts net short of the British Pound Sterling;</font></p>
<p><font face="Calibri">A significant 69.99% decrease from 15,137 to just 4,542 contracts net long of the Japanese Yen;</font></p>
<p><font face="Calibri">A steady 13.33% increase from 141,066 to 159,880 contracts net short of the Euro;</font></p>
<p><font face="Calibri">And an important 37.56% decrease from 3,458 to 2,159 contracts net short of the Australian dollar, (following significant recent net short positions);</font></p>
<p><font face="Calibri">(Source CFTC.gov)</font></p>
<p><font face="Calibri">See what PFGBEST analysts have to say about the markets for MIDYEAR 2012...keep an eye on PFGBEST website to get the PFGBEST MIDYEAR Outlook 2012 coming soon!</font></p>
<p><font face="Calibri">Read my most recent contribution to SFO Magazine’s "From the Experts" Column</font></p>
<p><font face="Calibri">Sell Silver First of May, Walk Away ‘Till Labor Day?</font></p>
<p><font face="Calibri">http://bit.ly/IKLy8d</font></p>
<p><font face="Calibri">(Note: you may need to cut and paste this link into your internet browser’s address line)</font></p>
<p><font face="Calibri">Good Trading!</font></p>
<p><font face="Calibri">There is a substantial risk of loss in trading futures and options. Past performance is not indicative of future results. The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or commodities. PFGBEST, its officers and directors may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction.</font></p>
<p> </p>]]></content:encoded>
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 <item rdf:about="/currency_report.aspx?id=22432&amp;blogid=88">
  <title>IMM currency speculators cut short Euro bets by more than 25%, latest CFTC data shows</title>
  <link>http://www.alaron.com/currency_report.aspx?id=22432&amp;blogid=88</link>
  <description><![CDATA[<p> Currency Analysis By Paul Kavanaugh, PFGBEST 1 888 439 6033pkavanaugh@pfgbest.com 40th straight week of net long US dollar bets Net Long US dollar bets hit declined by 42.91% from 38.77 billion to 22.13 billion according to CFTC data as of</p>]]></description>
  <dc:creator>Paul Kavanaugh</dc:creator>
  <dc:date>2012-06-23T14:54:00Z</dc:date>
  <content:encoded><![CDATA[<p> Currency Analysis<br />
By Paul Kavanaugh, PFGBEST<br />
1-888-439-6033<br />pkavanaugh@pfgbest.com<br />
-40th straight week of net long US dollar bets<br />
-Net Long US dollar bets hit declined by 42.91% from 38.77 billion to 22.13 billion according to CFTC data as of June 19th data (source Reuters)<br />
-Large speculators trimming all time record net short Euro bets by more than 25% in the latest week<br />
 -Large speculators nearly reversed recent reversal to net short Australian dollar bets, suggesting another round of commodity price inflation may be on the horizon following recent declines<br /><img title="2012 06 23 eu" border="0" alt="2012 06 23 eu" src="http://www.alaron.com/uploadedImages/alaron/quotes_and_research/daily_research/Currency_Report/2012 06 23 EU.png" />CFTC data released Friday June 22nd shows large IMM currency speculators are covering over 25% of recent all-time net short Euro positions.  And perhaps even more significant is that after maintaining net long positions for the majority of the past three years, large speculators have nearly reversed recent net short positions in the Australian dollar (often perceived as a commodity currency). The most recent Commitments of Traders data shows some significant percentage changes in speculative positions in the currencies from the prior week including the following:<br />
Commitments of Traders Data<br />
(Non-Commercial Net Position Data)<br />
A sizable 14.75% decrease from 9,620 to 8,201 contracts net long of the Canadian dollar;<br />
A huge 79.09% decrease from 33,521 to just 7,007 contracts net short of the Swiss Franc;<br />
A similar to the Euro 25.78% decrease from 23,112 to 17,153 contracts net short of the British Pound Sterling;<br />
A building 22.99% increase from 12,307 to 15,137 contracts net long of the Japanese Yen;<br />
An incredibly important 27.72% decrease from a near record 195,178 to 141,066 contracts net short of the Euro;<br />
And a nearly reversing 92.39% decrease from 45,459 to just 3,458 contracts net short of the Australian dollar;<br />
(Source CFTC.gov)<br />
See what PFGBEST analysts have to say about the markets for MIDYEAR 2012...keep an eye on PFGBEST website to get the PFGBEST MIDYEAR Outlook 2012 coming soon!<br />
Read my most recent contribution to SFO Magazine’s "From the Experts" Column<br />
Sell Silver First of May, Walk Away ‘Till Labor Day?<br />http://bit.ly/IKLy8d<br />
(Note: you may need to cut and paste this link into your internet browser’s address line)<br />
Good Trading!<br />
There is a substantial risk of loss in trading futures and options. Past performance is not indicative of future results. The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or commodities. PFGBEST, its officers and directors may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction.<br /></p>]]></content:encoded>
 </item>
 <item rdf:about="/currency_report.aspx?id=22368&amp;blogid=88">
  <title>IMM currency speculators added to record net short bets, and increased net short Australian dollar positions</title>
  <link>http://www.alaron.com/currency_report.aspx?id=22368&amp;blogid=88</link>
  <description><![CDATA[<p>Currency Analysis By Paul Kavanaugh, PFGBEST 1 888 439 6033 pkavanaugh@pfgbest.com 38th straight week of net long US dollar bets US dollar bets hit highest levels since at least 2008, $39.65 billion according to Reuters Large speculators again added to</p>]]></description>
  <dc:creator>Paul Kavanaugh</dc:creator>
  <dc:date>2012-06-13T14:54:00Z</dc:date>
  <content:encoded><![CDATA[<p><font face="Calibri">Currency Analysis</font></p>
<p><font face="Calibri">By Paul Kavanaugh, PFGBEST</font></p>
<p><font face="Calibri">1-888-439-6033</font></p>
<p><font face="Calibri">pkavanaugh@pfgbest.com</font></p>
<p><font face="Calibri">-38th straight week of net long US dollar bets</font></p>
<p><font face="Calibri">-US dollar bets hit highest levels since at least 2008, $39.65 billion according to Reuters</font></p>
<p><font face="Calibri">-Large speculators again added to massive net short Euro bets, net shorts hit another record high</font></p>
<p><font face="Calibri">-Large speculators cut net long bets in Canadian dollar by over 50%, and added to bets short Australian dollar following last week’s reversal (from net long to net short)<img title="2012 06 12 Euro" border="0" alt="2012 06 12 Euro" src="http://www.alaron.com/uploadedImages/alaron/quotes_and_research/daily_research/Currency_Report/2012 06 13 Euro(1).png" /> </font></p>
<p><font face="Calibri">CFTC data released Friday June 8th shows IMM currency speculators set another all-time record high net short level over 210,000 contracts net short!  Also significant is the shift away from long bets in the Canadian dollar, following last week’s reversal to short in the Aussie dollar.  The most recent Commitments of Traders data shows some significant percentage changes in speculative positions in the currencies from the prior week including the following:</font></p>
<p><font face="Calibri">Commitments of Traders Data</font></p>
<p><font face="Calibri">(Non-Commercial Net Position Data)</font></p>
<p><font face="Calibri">A sharp 56.26% decrease from 34,085 to just 14,906 contracts net long of the Canadian dollar;</font></p>
<p><font face="Calibri">A minor 3.45% decrease from 34,851 to 33,648 contracts net short of the Swiss Franc;</font></p>
<p><font face="Calibri">A significant 294.37% reversal from net long 1,475 to 2,897 contracts net short of the British Pound Sterling (following last weeks huge risk-off 86.99% decrease in net longs)</font></p>
<p><font face="Calibri">A slight 3.27% decrease from 11,690 to 12,703 contracts net short of the Japanese Yen;</font></p>
<p><font face="Calibri">A jump on the bandwagon 5.40% increase from 203,415 to another new all-time record 214,418 contracts net short of the Euro;</font></p>
<p><font face="Calibri">And an extremely important 44.03% increase from 35,527 to 51,172 contracts in net shorts of the Australian dollar, following last week’s reversal from long-term net long bets.</font></p>
<p><font face="Calibri">(Source CFTC.gov)</font></p>
<p><font face="Calibri">See what PFGBEST analysts have to say about the markets for 2012...Click on this link or paste in your browser to get the PFGBEST Outlook 2012</font></p>
<p><font face="Calibri">http://www.pfgbest.com/Services/Research/Outlook/</font></p>
<p><font face="Calibri">Read my most recent contribution to SFO Magazine’s "From the Experts" Column</font></p>
<p><font face="Calibri">Sell Silver First of May, Walk Away ‘Till Labor Day?</font></p>
<p><font face="Calibri">http://bit.ly/IKLy8d</font></p>
<p><font face="Calibri">(Note: you may need to cut and paste these links into your internet browser’s address line)</font></p>
<p><font face="Calibri">Good Trading!</font></p>
<p><font face="Calibri">There is a substantial risk of loss in trading futures and options. Past performance is not indicative of future results. The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or commodities. PFGBEST, its officers and directors may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction.</font></p>
<p> </p>]]></content:encoded>
 </item>
 <item rdf:about="/currency_report.aspx?id=22334&amp;blogid=88">
  <title>IMM currency specs increased net short bets on Aussie and Euro, latest CFTC data shows</title>
  <link>http://www.alaron.com/currency_report.aspx?id=22334&amp;blogid=88</link>
  <description><![CDATA[<p>Currency Analysis By Paul Kavanaugh, PFGBEST 1 888 439 6033 pkavanaugh@pfgbest.com 37th straight week of net long US dollar bets US dollar bets hit highest levels since at least 2008 Euro hit lowest level against the US dollar since June</p>]]></description>
  <dc:creator>Paul Kavanaugh</dc:creator>
  <dc:date>2012-06-07T14:54:00Z</dc:date>
  <content:encoded><![CDATA[<p><span lang="EN">Currency Analysis</span></p>
<p><span lang="EN">By Paul Kavanaugh, PFGBEST</span></p>
<p><span lang="EN">1-888-439-6033</span></p>
<p><span lang="EN">pkavanaugh@pfgbest.com</span></p>
<p><span lang="EN">-37th straight week of net long US dollar bets</span></p>
<p><span lang="EN">-US dollar bets hit highest levels since at least 2008</span></p>
<p><span lang="EN">-Euro hit lowest level against the US dollar since June 2010, below 1.23</span></p>
<p><span lang="EN">- Large speculators again added to massive net short Euro bets, net shorts hit another record high</span></p>
<p><span lang="EN">-Spanish borrowing costs soar adding to concern Greece may exit Euro</span></p>
<p><span lang="EN"><img title="2012 06 07 Euro" border="0" alt="2012 06 07 Euro" src="http://www.alaron.com/uploadedImages/alaron/quotes_and_research/daily_research/Currency_Report/2012 06 07 Euro.png" />CFTC data released Friday June 1<sup>st</sup> shows IMM currency speculators set a record high net short level over 200,000 contracts net short!  Also significant is that (after last week’s reversal from net long to net short) large speculators more than doubled net short positions.  The most recent Commitments of Traders data shows some significant percentage changes in speculative positions in the currencies from the prior week including the following:</span> </p>
<p><span lang="EN">Commitments of Traders Data</span></p>
<p><span lang="EN">(Non-Commercial Net Position Data)</span></p>
<p><span lang="EN">A slight 11.59% decrease from 38,555 to 34,085 contracts net long of the Canadian dollar;</span></p>
<p><span lang="EN">A minor 12.20% decrease from 26,694 to 34,851 contracts net short of the Swiss Franc;</span></p>
<p><span lang="EN">A huge risk-off 86.99% decrease from 11,340 to just 1,475 contracts net long of the British Pound;</span></p>
<p><span lang="EN">A significant 35.10% decrease from 18,015 to 11,690 contracts net short of the Japanese Yen;</span></p>
<p><span lang="EN">A market abhors uncertainty driven 16.99% increase from 195,361 to another new all-time record 203,415 contracts net short of the Euro;</span></p>
<p><span lang="EN">And a potentially bearish harbinger 110.02% increase from 16,898 to 35,527 contracts in net shorts of the Australian dollar.</span></p>
<p><span lang="EN">(Source CFTC.gov)</span></p>
<p><span lang="EN">See what PFGBEST analysts have to say about the markets for 2012...Click on this link or paste in your browser to get the PFGBEST Outlook 2012</span></p>
<p><span lang="EN">http://www.pfgbest.com/Services/Research/Outlook/</span></p>
<p><span lang="EN">Read my most recent contribution to SFO Magazine’s "From the Experts" Column</span></p>
<p><span lang="EN">Sell Silver First of May, Walk Away ‘Till Labor Day?</span></p>
<p><span lang="EN">http://bit.ly/IKLy8d</span></p>
<p><span lang="EN">(Note: you may need to cut and paste these links into your internet browser’s address line)</span></p>
<p><span lang="EN">Good Trading!</span></p>
<p><span lang="EN">There is a substantial risk of loss in trading futures and options. Past performance is not indicative of future results. The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or commodities. PFGBEST, its officers and directors may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction.</span></p>
<p> </p>]]></content:encoded>
 </item>
 <item rdf:about="/currency_report.aspx?id=22284&amp;blogid=88">
  <title>IMM Currency Specs liquidated long Australian dollar bets reversing to net short, latest CFTC data shows</title>
  <link>http://www.alaron.com/currency_report.aspx?id=22284&amp;blogid=88</link>
  <description><![CDATA[<p>Currency Analysis By Paul Kavanaugh, PFGBEST 1 888 439 6033 pkavanaugh@pfgbest.com 36th straight week of net long US dollar bets Euro hit lowest level against the US dollar since June 2010, below 1.24 Large speculators again added to massive net short Euro</p>]]></description>
  <dc:creator>Paul Kavanaugh</dc:creator>
  <dc:date>2012-05-30T14:54:00Z</dc:date>
  <content:encoded><![CDATA[<p><font face="Calibri">Currency Analysis</font></p>
<p><font face="Calibri">By Paul Kavanaugh, PFGBEST</font></p>
<p><font face="Calibri">1-888-439-6033</font></p>
<p><font face="Calibri">pkavanaugh@pfgbest.com</font></p>
<p><font face="Calibri">-36th straight week of net long US dollar bets</font></p>
<p><font face="Calibri">-Euro hit lowest level against<span style="mso-spacerun: yes"> </span>the US dollar since June 2010, below 1.24</font></p>
<p><font face="Calibri">- Large speculators again added to massive net short Euro bets, net shorts hit another record high</font></p>
<p><font face="Calibri">-Spanish borrowing costs soar to 6.67% on Euro zone concerns</font></p>
<p><font face="Calibri">-Large speculators reversed to NET SHORT Australian dollar, after cutting long bets in the last two reports</font></p>
<p><img title="2012 05 30" border="0" alt="2012 05 30" src="http://www.alaron.com/uploadedImages/alaron/quotes_and_research/daily_research/Currency_Report/2012 05 30 eurusd.png" /></p>
<p><font face="Calibri">CFTC data released Friday May 25<sup>th</sup> shows IMM currency speculators pulled long Aussie bets and went net short, and increased bets against the Euro to another record high net short position. The most recent Commitments of Traders data shows some significant percentage changes in speculative positions in the currencies from the prior week including the following:</font></p>
<p><font face="Calibri">Commitments of Traders Data</font></p>
<p><font face="Calibri">(Non-Commercial Net Position Data)</font></p>
<p><font face="Calibri">A sizeable 24.40% decrease from 51,005 to 38,555 contracts net long of the Canadian dollar;</font></p>
<p><font face="Calibri">A significant 30.55% increase from 26,694 to 34,851 contracts net short of the Swiss Franc;</font></p>
<p><font face="Calibri">A risk-off 54.67% decrease from 25,021 to 11,340 contracts net long of the British Pound;</font></p>
<p><font face="Calibri">A similar 47.50% decrease from 34,315 to 18,015 contracts net short of the Japanese Yen;</font></p>
<p><font face="Calibri">A potentially lethal 12.86% increase from 173,869 to another new all-time record  195,361 contracts net short of the Euro;</font></p>
<p><font face="Calibri">And risk aversion led 456.94% from net long 4,734 to net short 16,898 contracts of the Australian dollar.</font></p>
<p><font face="Calibri">(Source CFTC.gov)</font></p>
<p><font face="Calibri">"Take advantage of my mid-session support and resistance levels and charts via E-mail daily! To get your free trial, just send an email with "Mid-Session #s" in the subject line to pkavanaugh@pfgbest.com or call 1-888-439-6033. And if you are ready to open your account just give us a call today!"</font></p>
<p><font face="Calibri">See what PFGBEST analysts have to say about the markets for 2012...Click on this link or paste in your browser to get the PFGBEST Outlook 2012</font></p>
<p><font face="Calibri">http://www.pfgbest.com/Services/Research/Outlook/</font></p>
<p><font face="Calibri">Read my most recent contribution to SFO Magazine’s "From the Experts" Column</font></p>
<p><font face="Calibri">Sell Silver First of May, Walk Away ‘Till Labor Day?</font></p>
<p><font face="Calibri">http://bit.ly/IKLy8d</font></p>
<p><font face="Calibri">(Note: you may need to cut and paste these links into your internet browser’s address line)</font></p>
<p><font face="Calibri">Good Trading!</font></p>
<p><font face="Calibri">There is a substantial risk of loss in trading futures and options. Past performance is not indicative of future results. The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or commodities. PFGBEST, its officers and directors may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction.</font></p>
<p> </p>]]></content:encoded>
 </item>
 <item rdf:about="/currency_report.aspx?id=22232&amp;blogid=88">
  <title>IMM Currency Specs shed net long Australian dollar bets, increased net short Euro bets to new record high</title>
  <link>http://www.alaron.com/currency_report.aspx?id=22232&amp;blogid=88</link>
  <description><![CDATA[<p>Currency Analysis By Paul Kavanaugh, PFGBEST 1 888 439 6033 pkavanaugh@pfgbest.com 35th straight week of net long US dollar bets Euro hit new 4 month low Friday May 18th Large speculators added to massive net short Euro bets, net shorts</p>]]></description>
  <dc:creator>Paul Kavanaugh</dc:creator>
  <dc:date>2012-05-21T14:54:00Z</dc:date>
  <content:encoded><![CDATA[<p><font face="Calibri">Currency Analysis</font></p>
<p><font face="Calibri">By Paul Kavanaugh, PFGBEST</font></p>
<p><font face="Calibri">1-888-439-6033</font></p>
<p><font face="Calibri">pkavanaugh@pfgbest.com</font></p>
<p><font face="Calibri">-35th straight week of net long US dollar bets</font></p>
<p><font face="Calibri">-Euro hit new 4 month low Friday May 18th</font></p>
<p><font face="Calibri">-Large speculators added to massive net short Euro bets, net shorts hit record high</font></p>
<p><font face="Calibri">-Large speculators continued liquidating long Australian dollar bets, after cutting more than 50% in last week’s report</font></p>
<p><img title="2012 05 21 da" border="0" alt="2012 05 21 da" src="http://www.alaron.com/uploadedImages/alaron/quotes_and_research/daily_research/Currency_Report/2012 05 21 DA.png" /></p>
<p><font face="Calibri">CFTC data released Friday May 18th shows IMM currency speculators sharply reduced long Aussie bets, and increased bets against the Euro to a record high net short position. The most recent Commitments of Traders data shows some significant percentage changes in speculative positions in the currencies from the prior week including the following:</font></p>
<p><font face="Calibri">Commitments of Traders Data</font></p>
<p><font face="Calibri">(Non-Commercial Net Position Data)</font></p>
<p><font face="Calibri">A moderate 15.12% decrease from 60,095 to 51,005 contracts net long of the Canadian dollar;</font></p>
<p><font face="Calibri">A sizeable 61.84% increase from 16,494 to 26,694 contracts net short of the Swiss Franc;</font></p>
<p><font face="Calibri">A minor 1.25% decrease from 25,339 to 25,021 contracts net long of the British Pound;</font></p>
<p><font face="Calibri">A small 16.49% decrease from 41,093 to 34,315 contracts net short of the Japanese Yen;</font></p>
<p><font face="Calibri">A STUNNING 20.75% increase from 143,984 to <u>a record 173,869</u> contracts net short of the Euro;</font></p>
<p><font face="Calibri">And a risk aversion led 81.14% <u>decrease</u> from 25,104 to just 4,734 contracts net long of the Australian dollar.</font></p>
<p><font face="Calibri">(Source CFTC.gov)</font></p>
<p><font face="Calibri">"Take advantage of my mid-session support and resistance levels and charts via E-mail daily! To get your free trial, just send an email with "Mid-Session #s" in the subject line to pkavanaugh@pfgbest.com or call 1-888-439-6033. And if you are ready to open your account just give us a call today!"</font></p>
<p><font face="Calibri">See what PFGBEST analysts have to say about the markets for 2012...Click on this link or paste in your browser to get the PFGBEST Outlook 2012</font></p>
<p><font face="Calibri">http://www.pfgbest.com/Services/Research/Outlook/</font></p>
<p><font face="Calibri">Read my most recent contribution to SFO Magazine’s "From the Experts" Column</font></p>
<p><font face="Calibri">Sell Silver First of May, Walk Away ‘Till Labor Day?</font></p>
<p><font face="Calibri">http://bit.ly/IKLy8d</font></p>
<p><font face="Calibri">(Note: you may need to cut and paste these links into your internet browser’s address line)</font></p>
<p><font face="Calibri">Good Trading!</font></p>
<p><font face="Calibri">There is a substantial risk of loss in trading futures and options. Past performance is not indicative of future results. The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or commodities. PFGBEST, its officers and directors may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction.</font></p>
<p> </p>]]></content:encoded>
 </item>
 <item rdf:about="/currency_report.aspx?id=22182&amp;blogid=88">
  <title>IMM Currency Specs added to massive short Euro Bets, latest CFTC data shows</title>
  <link>http://www.alaron.com/currency_report.aspx?id=22182&amp;blogid=88</link>
  <description><![CDATA[<p>Currency Analysis By Paul Kavanaugh, PFGBEST 1 888 439 6033 pkavanaugh@pfgbest.com 34th straight week of net long US dollar bets Euro zone concerns again causing risk aversion Large speculators added to massive net short Euro bets Large speculators cut more</p>]]></description>
  <dc:creator>Paul Kavanaugh</dc:creator>
  <dc:date>2012-05-14T14:54:00Z</dc:date>
  <content:encoded><![CDATA[<p><font face="Calibri">Currency Analysis</font></p>
<p><font face="Calibri">By Paul Kavanaugh, PFGBEST</font></p>
<p><font face="Calibri">1-888-439-6033</font></p>
<p><font face="Calibri">pkavanaugh@pfgbest.com</font></p>
<p><font face="Calibri">-34th straight week of net long US dollar bets</font></p>
<p><font face="Calibri">-Euro zone concerns again causing risk aversion</font></p>
<p><font face="Calibri">-Large speculators added to massive net short Euro bets</font></p>
<p><font face="Calibri">-Large speculators cut more than half long Australian dollar bets</font></p>
<p><font face="Calibri"><img title="2012 05 14 " border="0" alt="2012 05 14 " src="http://www.alaron.com/uploadedImages/alaron/quotes_and_research/daily_research/Currency_Report/2012 05 14 Euro 2.png" />CFTC data released Friday May 11th shows IMM currency speculators increased bets long of the British Pound Sterling, and more than doubled bets against the Euro. The most recent Commitments of Traders data shows some significant percentage changes in speculative positions in the currencies from the prior week including the following:</font></p>
<p><font face="Calibri">Commitments of Traders Data</font></p>
<p><font face="Calibri">(Non-Commercial Net Position Data)</font></p>
<p><font face="Calibri">A significant 35.88% increase from 44,224 to 60,095 contracts net long of the Canadian dollar;</font></p>
<p><font face="Calibri">A minor 0.88% decrease from 16,641 to 16,494 contracts net short of the Swiss Franc;</font></p>
<p><font face="Calibri">A sizeable 53.62% increase from 16,493 to 25,339 contracts net long of the British Pound;</font></p>
<p><font face="Calibri">A noticeable 18.09% decrease from 50,173 to 41,093 contracts net short of the Japanese Yen;</font></p>
<p><font face="Calibri">A massive 34.57% increase from 106,990 to 143,984 contracts net short of the Euro;</font></p>
<p><font face="Calibri">And a potential game changing 51.98% <u>decrease</u> from 52,280 to 25,104 contracts net long of the Australian dollar.</font></p>
<p><font face="Calibri">(Source CFTC.gov)</font></p>
<p><font face="Calibri">"Take advantage of my mid-session support and resistance levels and charts via E-mail daily! To get your free trial, just send an email with "Mid-Session #s" in the subject line to pkavanaugh@pfgbest.com or call 1-888-439-6033. And if you are ready to open your account just give us a call today!"</font></p>
<p><font face="Calibri">See what PFGBEST analysts have to say about the markets for 2012...Click on this link or paste in your browser to get the PFGBEST Outlook 2012</font></p>
<p><font face="Calibri">http://www.pfgbest.com/Services/Research/Outlook/</font></p>
<p><font face="Calibri">Read my most recent contribution to SFO Magazine’s "From the Experts" Column</font></p>
<p><font face="Calibri">Sell Silver First of May, Walk Away ‘Till Labor Day?</font></p>
<p><font face="Calibri">http://bit.ly/IKLy8d</font></p>
<p><font face="Calibri">(Note: you may need to cut and paste these links into your internet browser’s address line)</font></p>
<p><font face="Calibri">Good Trading!</font></p>
<p><font face="Calibri">There is a substantial risk of loss in trading futures and options. Past performance is not indicative of future results. The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or commodities. PFGBEST, its officers and directors may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction.</font></p>
<p> </p>]]></content:encoded>
 </item>
 <item rdf:about="/currency_report.aspx?id=22140&amp;blogid=88">
  <title>Large Speculators maintaining massive short Euro bets, latest CFTC data shows</title>
  <link>http://www.alaron.com/currency_report.aspx?id=22140&amp;blogid=88</link>
  <description><![CDATA[<p>Currency Analysis By Paul Kavanaugh, PFGBEST 1 888 439 6033 pkavanaugh@pfgbest.com 33rd straight week of net long US dollar bets France and Greece elections reflect opposition to austerity Large speculators maintaining massive net short Euro bets Large speculators adding to</p>]]></description>
  <dc:creator>Paul Kavanaugh</dc:creator>
  <dc:date>2012-05-08T14:54:00Z</dc:date>
  <content:encoded><![CDATA[<p><font face="Calibri">Currency Analysis</font></p>
<p><font face="Calibri">By Paul Kavanaugh, PFGBEST</font></p>
<p><font face="Calibri">1-888-439-6033</font></p>
<p><font face="Calibri">pkavanaugh@pfgbest.com</font></p>
<p><font face="Calibri">-33rd straight week of net long US dollar bets</font></p>
<p><font face="Calibri">-France and Greece elections reflect opposition to austerity</font></p>
<p><font face="Calibri">-Large speculators maintaining massive net short Euro bets</font></p>
<p><font face="Calibri">-Large speculators adding to long Aussie and Canadian dollar bets</font></p>
<p><font face="Calibri"> <img title="Euro 05 08" border="0" alt="Euro 05 08" src="http://www.alaron.com/uploadedImages/alaron/quotes_and_research/daily_research/Currency_Report/2012 05 08 Euro.png" width="622" height="405" /> </font></p>
<p><font face="Calibri">CFTC data released Friday May 4th shows IMM currency speculators increased bets long of the British Pound Sterling, and again increased bets long Australian and Canadian dollar. The most recent Commitments of Traders data shows some significant percentage changes in speculative positions in the currencies from the prior week including the following:</font></p>
<p><font face="Calibri">Commitments of Traders Data</font></p>
<p><font face="Calibri">(Non-Commercial Net Position Data)</font></p>
<p><font face="Calibri">A huge 58.78% increase from 44,224 to contracts net long of the Canadian dollar;</font></p>
<p><font face="Calibri">A minor 14.00% increase from 13,762 to 16,641 contracts net short of the Swiss Franc;</font></p>
<p><font face="Calibri">A sizeable 118.85% increase from 7,536 to 16,493 contracts net long of the British Pound;</font></p>
<p><font face="Calibri">A significant 10.25 decrease from 55,906 to 50,173 contracts net short of the Japanese Yen;</font></p>
<p><font face="Calibri">A small 5.62% decrease from 113,367 to 106,990 contracts net short of the Euro;</font></p>
<p><font face="Calibri">And a respectable 13.55% increase from 46,041 to 52,280 contracts net long of the Australian dollar.</font></p>
<p><font face="Calibri">(Source CFTC.gov)</font></p>
<p><font face="Calibri">"Take advantage of my mid-session support and resistance levels and charts via E-mail daily! To get your free trial, just send an email with "Mid-Session #s" in the subject line to pkavanaugh@pfgbest.com or call 1-888-439-6033. And if you are ready to open your account just give us a call today!"</font></p>
<p><font face="Calibri">See what PFGBEST analysts have to say about the markets for 2012...Click on this link or paste in your browser to get the PFGBEST Outlook 2012</font></p>
<p><font face="Calibri">http://www.pfgbest.com/Services/Research/Outlook/</font></p>
<p><font face="Calibri">Read my most recent contribution to SFO Magazine’s "From the Experts" Column</font></p>
<p><font face="Calibri">Sell Silver First of May, Walk Away ‘Till Labor Day?</font></p>
<p><font face="Calibri">http://bit.ly/IKLy8d</font></p>
<p><font face="Calibri">(Note: you may need to cut and paste these links into your internet browser’s address line)</font></p>
<p><font face="Calibri">Good Trading!</font></p>
<p><font face="Calibri">There is a substantial risk of loss in trading futures and options. Past performance is not indicative of future results. The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or commodities. PFGBEST, its officers and directors may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction.</font></p>
<p> </p>]]></content:encoded>
 </item>
 <item rdf:about="/currency_report.aspx?id=22090&amp;blogid=88">
  <title>IMM Currency Speculators cut bets long British Pound Sterling, latest CFTC data shows</title>
  <link>http://www.alaron.com/currency_report.aspx?id=22090&amp;blogid=88</link>
  <description><![CDATA[<p>Currency Analysis By Paul Kavanaugh, PFGBEST 1 888 439 6033 pkavanaugh@pfgbest.com 32nd straight week of net long US dollar bets Spain and Italy borrowing rates soar in latest auctions Large speculators maintaining massive net short Euro bets Large speculators cutting</p>]]></description>
  <dc:creator>Paul Kavanaugh</dc:creator>
  <dc:date>2012-04-30T14:54:00Z</dc:date>
  <content:encoded><![CDATA[<p><font face="Calibri">Currency Analysis</font></p>
<p><font face="Calibri">By Paul Kavanaugh, PFGBEST</font></p>
<p><font face="Calibri">1-888-439-6033</font></p>
<p><font face="Calibri">pkavanaugh@pfgbest.com</font></p>
<p><font face="Calibri">-32nd straight week of net long US dollar bets</font></p>
<p><font face="Calibri">-Spain and Italy borrowing rates soar in latest auctions</font></p>
<p><font face="Calibri">-Large speculators maintaining massive net short Euro bets</font></p>
<p><font face="Calibri">-Large speculators cutting net long British Pound Sterling bets</font></p>
<p><font face="Calibri"><img title="2012 04 30 BP" border="0" alt="2012 04 30 BP" src="http://www.alaron.com/uploadedImages/alaron/quotes_and_research/daily_research/Currency_Report/120430_143432_CQG_IC_Chart_1_GBPUSD_-_Great_Britain_(Pound)_Monthly.png" width="637" height="482" />CFTC data released Friday April 27th shows IMM currency speculators decreased bets long of the British Pound Sterling, and again increased bets long Australian and Canadian dollar. The most recent Commitments of Traders data shows some significant percentage changes in speculative positions in the currencies from the prior week including the following:</font></p>
<p><font face="Calibri">Commitments of Traders Data</font></p>
<p><font face="Calibri">(Non-Commercial Net Position Data)</font></p>
<p><font face="Calibri">A significant 16.29% increase from 38,028 to 44,224contracts net long of the Canadian dollar;</font></p>
<p><font face="Calibri">A building 20.91% increase from 13,762 to 16,641 contracts net short of the Swiss Franc;</font></p>
<p><font face="Calibri">A trimming 40.07% decrease from 13,051 to just 7536 contracts net short of the British Pound;</font></p>
<p><font face="Calibri">A minor 3.28% decrease from 57,803 to 55,906 contracts net short of the Japanese Yen;</font></p>
<p><font face="Calibri">A negligible 4.02% decrease from 118,125 to 113,367 contracts net short of the Euro;</font></p>
<p><font face="Calibri">And a respectable 4.91% increase from 48,421 to 46,041contracts net long of the Australian dollar.</font></p>
<p><font face="Calibri">(Source CFTC.gov)</font></p>
<p><font face="Calibri">"Take advantage of my mid-session support and resistance levels and charts via E-mail daily! To get your free trial, just send an email with "Mid-Session #s" in the subject line to pkavanaugh@pfgbest.com or call 1-888-439-6033. And if you are ready to open your account just give us a call today!"</font></p>
<p><font face="Calibri">See what PFGBEST analysts have to say about the markets for 2012...Click on this link or paste in your browser to get the PFGBEST Outlook 2012</font></p>
<p><font face="Calibri">http://www.pfgbest.com/Services/Research/Outlook/</font></p>
<p><font face="Calibri">Read my most recent contribution to SFO Magazine’s "From the Experts" Column</font></p>
<p><font face="Calibri">Sell Silver First of May, Walk Away ‘Till Labor Day?</font></p>
<p><font face="Calibri">http://bit.ly/IKLy8d</font></p>
<p><font face="Calibri">(Note: you may need to cut and paste these links into your internet browser’s address line)</font></p>
<p><font face="Calibri">Good Trading!</font></p>
<p><font face="Calibri">There is a substantial risk of loss in trading futures and options. Past performance is not indicative of future results. The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or commodities. PFGBEST, its officers and directors may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction.</font></p>
<p> </p>]]></content:encoded>
 </item>
 <item rdf:about="/currency_report.aspx?id=22052&amp;blogid=88">
  <title>Large speculators increased bets short Euro, latest CFTC data shows</title>
  <link>http://www.alaron.com/currency_report.aspx?id=22052&amp;blogid=88</link>
  <description><![CDATA[<p>Currency Analysis By Paul Kavanaugh, PFGBEST 1 888 439 6033 pkavanaugh@pfgbest.com 31st straight week of net long US dollar bets Spain and Italy borrowing rates soar in latest auctions Large speculators increasing massive net short Euro bets Large speculators added</p>]]></description>
  <dc:creator>Paul Kavanaugh</dc:creator>
  <dc:date>2012-04-24T14:54:00Z</dc:date>
  <content:encoded><![CDATA[<p dir="ltr" align="left">Currency Analysis</p>
<p dir="ltr" align="left">By Paul Kavanaugh, PFGBEST</p>
<p dir="ltr" align="left">1-888-439-6033</p>
<p dir="ltr" align="left">pkavanaugh@pfgbest.com</p>
<p dir="ltr" align="left">-31st straight week of net long US dollar bets</p>
<p dir="ltr" align="left">-Spain and Italy borrowing rates soar in latest auctions</p>
<p dir="ltr" align="left">-Large speculators increasing massive net short Euro bets</p>
<p dir="ltr" align="left">-Large speculators added to bets long Australian and Canadian dollar</p>
<p dir="ltr" align="left"><img title="2012 04 04 EURUSD" height="378" alt="2012 04 04 EURUSD" src="http://www.alaron.com/uploadedImages/alaron/quotes_and_research/daily_research/Currency_Report/2012 04 24 EurUsd.png" width="656" border="0" /> </p>
<p dir="ltr" align="left">CFTC data released Friday April 17th shows IMM currency speculators increased bets long of the US dollar, and increased bets long Australian and Canadian dollar. The most recent Commitments of Traders data shows some significant percentage changes in speculative positions in the currencies from the prior week including the following:</p>
<p dir="ltr" align="left">Commitments of Traders Data</p>
<p dir="ltr" align="left">(Non-Commercial Net Position Data)</p>
<p dir="ltr" align="left">A significant 36.97% increase from 27,967 to 38,028 contracts net long of the Canadian dollar;</p>
<p dir="ltr" align="left">A building 38.74% increase from 9,919 to 13,762 contracts net short of the Swiss Franc;</p>
<p dir="ltr" align="left">A trimming 30.52% decrease from 18,784 to 13,051 contracts net short of the British Pound;</p>
<p dir="ltr" align="left">A minor 12.53% decrease from 66,084 to 57,803 contracts net short of the Japanese Yen;</p>
<p dir="ltr" align="left">An important 16.53% increase from 101,364 to 118,125 contracts net short of the Euro;</p>
<p dir="ltr" align="left">And a respectable 22.80% increase from 39,429 to 48,421 contracts net long of the Australian dollar.</p>
<p dir="ltr" align="left">(Source CFTC.gov)</p>
<p dir="ltr" align="left">"Take advantage of my mid-session support and resistance levels and charts via E-mail daily! To get your free trial, just send an email with "Mid-Session #s" in the subject line to pkavanaugh@pfgbest.com or call 1-888-439-6033. And if you are ready to open your account just give us a call today!"</p>
<p dir="ltr" align="left">See what PFGBEST analysts have to say about the markets for 2012...Click on this link or paste in your browser to get the PFGBEST Outlook 2012</p>
<p dir="ltr" align="left"><font face="Courier New" size="3"><span lang="EN">http://www.pfgbest.com/Services/Research/Outlook/</span></font></p>
<p dir="ltr" align="left"><font face="Courier New" size="3">Read my most recent contribution to <b>SFO Magazine</b>’s "From the Experts" Column</font></p>
<p dir="ltr" align="left"><b><font face="Courier New" color="#333333" size="3">Sell Silver First of May, Walk Away ‘Till Labor Day?</font></b></p>
<p dir="ltr" align="left"><font face="Courier New" size="3"><span lang="EN">http://bit.ly/IKLy8d</span></font></p>
<p dir="ltr" align="left"><font face="Courier New" color="#1f497d" size="3">(Note: you may need to cut and paste these links into your internet browser’s address line)</font></p>
<p dir="ltr" align="left"><font face="Courier New" size="3">Good Trading!</font></p>
<p dir="ltr" align="left"><font face="Courier New" size="3">There is a substantial risk of loss in trading futures and options. Past performance is not indicative of future results. The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or commodities. PFGBEST, its officers and directors may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction.</font></p>]]></content:encoded>
 </item>
</rdf:RDF>

