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 hit record high

-Large speculators continued liquidating long Australian dollar bets, after cutting more than 50% in last week’s report

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:

Commitments of Traders Data

(Non-Commercial Net Position Data)

A moderate 15.12% decrease from 60,095 to 51,005 contracts net long of the Canadian dollar;

A sizeable 61.84% increase from 16,494 to 26,694 contracts net short of the Swiss Franc;

A minor 1.25% decrease from 25,339 to 25,021 contracts net long of the British Pound;

A small 16.49% decrease from 41,093 to 34,315 contracts net short of the Japanese Yen;

A STUNNING 20.75% increase from 143,984 to a record 173,869 contracts net short of the Euro;

And a risk aversion led 81.14% decrease from 25,104 to just 4,734 contracts net long of the Australian dollar.

(Source CFTC.gov)

"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!"

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

http://www.pfgbest.com/Services/Research/Outlook/

Read my most recent contribution to SFO Magazine’s "From the Experts" Column

Sell Silver First of May, Walk Away ‘Till Labor Day?

http://bit.ly/IKLy8d

(Note: you may need to cut and paste these links into your internet browser’s address line)

Good Trading!

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.

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 than half long Australian dollar bets

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:

Commitments of Traders Data

(Non-Commercial Net Position Data)

A significant 35.88% increase from 44,224 to 60,095 contracts net long of the Canadian dollar;

A minor 0.88% decrease from 16,641 to 16,494 contracts net short of the Swiss Franc;

A sizeable 53.62% increase from 16,493 to 25,339 contracts net long of the British Pound;

A noticeable 18.09% decrease from 50,173 to 41,093 contracts net short of the Japanese Yen;

A massive 34.57% increase from 106,990 to 143,984 contracts net short of the Euro;

And a potential game changing 51.98% decrease from 52,280 to 25,104 contracts net long of the Australian dollar.

(Source CFTC.gov)

"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!"

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

http://www.pfgbest.com/Services/Research/Outlook/

Read my most recent contribution to SFO Magazine’s "From the Experts" Column

Sell Silver First of May, Walk Away ‘Till Labor Day?

http://bit.ly/IKLy8d

(Note: you may need to cut and paste these links into your internet browser’s address line)

Good Trading!

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.

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 long Aussie and Canadian dollar bets

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:

Commitments of Traders Data

(Non-Commercial Net Position Data)

A huge 58.78% increase from 44,224 to contracts net long of the Canadian dollar;

A minor 14.00% increase from 13,762 to 16,641 contracts net short of the Swiss Franc;

A sizeable 118.85% increase from 7,536 to 16,493 contracts net long of the British Pound;

A significant 10.25 decrease from 55,906 to 50,173 contracts net short of the Japanese Yen;

A small 5.62% decrease from 113,367 to 106,990 contracts net short of the Euro;

And a respectable 13.55% increase from 46,041 to 52,280 contracts net long of the Australian dollar.

(Source CFTC.gov)

"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!"

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

http://www.pfgbest.com/Services/Research/Outlook/

Read my most recent contribution to SFO Magazine’s "From the Experts" Column

Sell Silver First of May, Walk Away ‘Till Labor Day?

http://bit.ly/IKLy8d

(Note: you may need to cut and paste these links into your internet browser’s address line)

Good Trading!

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.

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 net long British Pound Sterling bets

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:

Commitments of Traders Data

(Non-Commercial Net Position Data)

A significant 16.29% increase from 38,028 to 44,224contracts net long of the Canadian dollar;

A building 20.91% increase from 13,762 to 16,641 contracts net short of the Swiss Franc;

A trimming 40.07% decrease from 13,051 to just 7536 contracts net short of the British Pound;

A minor 3.28% decrease from 57,803 to 55,906 contracts net short of the Japanese Yen;

A negligible 4.02% decrease from 118,125 to 113,367 contracts net short of the Euro;

And a respectable 4.91% increase from 48,421 to 46,041contracts net long of the Australian dollar.

(Source CFTC.gov)

"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!"

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

http://www.pfgbest.com/Services/Research/Outlook/

Read my most recent contribution to SFO Magazine’s "From the Experts" Column

Sell Silver First of May, Walk Away ‘Till Labor Day?

http://bit.ly/IKLy8d

(Note: you may need to cut and paste these links into your internet browser’s address line)

Good Trading!

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.

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 to bets long Australian and Canadian dollar

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:

Commitments of Traders Data

(Non-Commercial Net Position Data)

A significant 36.97% increase from 27,967 to 38,028 contracts net long of the Canadian dollar;

A building 38.74% increase from 9,919 to 13,762 contracts net short of the Swiss Franc;

A trimming 30.52% decrease from 18,784 to 13,051 contracts net short of the British Pound;

A minor 12.53% decrease from 66,084 to 57,803 contracts net short of the Japanese Yen;

An important 16.53% increase from 101,364 to 118,125 contracts net short of the Euro;

And a respectable 22.80% increase from 39,429 to 48,421 contracts net long of the Australian dollar.

(Source CFTC.gov)

"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!"

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

http://www.pfgbest.com/Services/Research/Outlook/

Read my most recent contribution to SFO Magazine’s "From the Experts" Column

Sell Silver First of May, Walk Away ‘Till Labor Day?

http://bit.ly/IKLy8d

(Note: you may need to cut and paste these links into your internet browser’s address line)

Good Trading!

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.

By Paul Kavanaugh, PFGBEST

1-888-439-6033 pkavanaugh@pfgbest.com

-29th straight week of net long US dollar bets

-Large speculators short yen bets near highest levels since July 2007

-Large speculators cutting bets long Australian dollar, adding to long Canadian dollar

CFTC data released Friday April 6^th shows IMM currency speculators increased bets long of the US dollar, and increased bets long Canadian dollar by over 24%. 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:

Commitments of Traders Data

(Non-Commercial Net Position Data)

A significant 24.22% increase from 23,737 to 29,487 contracts net long of the Canadian dollar;

A tiny 2.78% decrease from 15,096 to 14,676 contracts net short of the Swiss Franc;

A trimming 20.72% decrease from 11,110 to 8,807 contracts net short of the British Pound;

A minor 3.71% decrease from 67,622 to 65,108 contracts net short of the Japanese Yen;

A curious 10.82% decrease from 89,129 to 79,480 contracts net short of the Euro;

And perhaps game changing 17.21% decrease from 59,574 to 49,319 contracts net long of the Australian dollar.

(Source CFTC.gov)

"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!"

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

http://www.pfgbest.com/Services/Research/Outlook/

Read my Feature Article in the September issue of SFO Magazine! Click on the link below to read the article and hear the interview today!

http://www.sfomag.com/eSFO/eSFO2011_09.aspx?page=28

Good Trading!

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.

By Paul Kavanaugh, PFGBEST

1-888-439-6033 pkavanaugh@pfgbest.com

-28th straight week of net long US dollar bets

-Large speculators short yen bets highest since July 2007

-Large speculators slashed bets long Canadian dollar

CFTC data released Friday March 30th shows IMM currency speculators increased bets long of the US dollar, and slashed bets long Canadian dollar by over 40%. 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:

Commitments of Traders Data

(Non-Commercial Net Position Data)

A nearly halving 43.90% decrease from 42,315 to 23,737 contracts net long of the Canadian dollar;

A building 34.84% increase from 11,191 to 15,096 contracts net short of the Swiss Franc;

A trimming 29.91% decrease from 15,852 to 11,110 contracts net short of the British Pound;

A stunning 61.81% increase from 25,821 to 67,622 contracts net short of the Japanese Yen;

A minor 7.44% increase from 82,954 to 89,129 contracts net short of the Euro;

And healthy 31.82% increase from 45,191 to 59,574 contracts net long of the Australian dollar.

(Source CFTC.gov)

"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!"

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

http://www.pfgbest.com/Services/Research/Outlook/

Read my Feature Article in the September issue of SFO Magazine! Click on the link below to read the article and hear the interview today!

http://www.sfomag.com/eSFO/eSFO2011_09.aspx?page=28

Good Trading!

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.

By Paul Kavanaugh, PFGBEST

1-888-439-6033

pkavanaugh@pfgbest.com

-27th straight week of net long US dollar bets

-Euro zone debt crisis continues to dominate currency news

-Large speculators once again cut net short Euro bets

-Large speculators better than doubled bets long Canadian dollar

CFTC data released Friday March 23rd shows IMM currency speculators cut sizable bets long of the US dollar by more than one third, and increased bets long Canadian dollar by more than double. 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:

Commitments of Traders Data

(Non-Commercial Net Position Data)

A game changing 58.35% increase from 26,721 to 42,315 contracts net long of the Canadian dollar;

A trimming 24.37% decrease from 14,798 to 11,191 contracts net short of the Swiss Franc;

A massive 62.12% decrease from 41,848 to 15,852 contracts net short of the British Pound;

A significant 39.07% decrease from 42,380 to 25,821 contracts net short of the Japanese Yen;

An important 16.49% decrease from 99,336 to 82,954 contracts net short of the Euro;

And perhaps topping 32.30% decrease from 66,756 to 45,191 contracts net long of the Australian dollar.

(Source CFTC.gov)

"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!"

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

http://www.pfgbest.com/Services/Research/Outlook/

Read my Feature Article in the September issue of SFO Magazine! Click on the link below to read the article and hear the interview today!

http://www.sfomag.com/eSFO/eSFO2011_09.aspx?page=28

Good Trading!

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.

By Paul Kavanaugh, PFGBEST

1-888-439-6033

pkavanaugh@pfgbest.com

-26th straight week of net long US dollar bets

-Euro zone debt crisis continues to dominate currency news

-Large Speculators once again cut net short Euro bets

-Large Speculators better than doubled net short Japanese Yen bets

CFTC data released Friday March 2nd shows IMM currency speculators increased sizable bets long of the US dollar, and reversed from net long to net short of the Japanese Yen. 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:

Commitments of Traders Data

(Non-Commercial Net Position Data thru Tuesday February 28th)

A minor 2.64% increase from 26,032 to 26,721 contracts net long of the Canadian dollar;

A trimming 24.02%% decrease from 19,478 to 14,798 contracts net short of the Swiss Franc;

A building 12.80% increase from 37,099 to 41,848 contracts net short of the British Pound;

A massive118.92% increase from 19,358 to 42,380 contracts net short of the Japanese Yen;

An important 14.71% decrease from 116,473 to 99,336 contracts net short of the Euro;

And healthy 8.15% increase from 61,720 to 66,756 contracts net long of the Australian dollar.

(Source CFTC.gov)

"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!"

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

http://www.pfgbest.com/Services/Research/Outlook/

Read my Feature Article in the September issue of SFO Magazine! Click on the link below to read the article and hear the interview today!

http://www.sfomag.com/eSFO/eSFO2011_09.aspx?page=28

Good Trading!

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.

By Paul Kavanaugh, PFGBEST

1-888-439-6033 1-888-439-6033

pkavanaugh@pfgbest.com

-24th straight week of net long US dollar bets

-Euro zone debt crisis continues to dominate currency news

-Large Speculators doubled net long Canadian dollar bets

-Large Speculators cut nearly 1/4 of short Euro bets

-Large Speculators reversed to net short Japanese Yen

CFTC data released Friday March 2^nd shows IMM currency speculators increased sizable bets long of the US dollar, and reversed from net long to net short of the Japanese Yen. 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:

Commitments of Traders Data

(Non-Commercial Net Position Data thru Tuesday February 28^th)

A sizable 59.30% increase from 14,112 to 22,480 contracts net long of the Canadian dollar;

A minor 2.29% decrease from 19,846 to 19,391 contracts net short of the Swiss Franc;

A thinning 25.89% decrease from 31,350 to 23,235 contracts net short of the British Pound;

A game changing 106.97% reversal from long 17,257 to short 1,203 contracts of the Japanese Yen;

A significant 22.92% decrease from 142,159 109,574 contracts net short of the Euro;

And negligible 4.69% increase from 74,700 to 78,201 contracts net long of the Australian dollar.

(Source CFTC.gov)

"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!"

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

http://www.pfgbest.com/Services/Research/Outlook/

Read my Feature Article in the September issue of SFO Magazine! Click on the link below to read the article and hear the interview today!

http://www.sfomag.com/eSFO/eSFO2011_09.aspx?page=28

Good Trading!

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.