The USD figures are interesting in that the already heavy Commercial short position actually increased further by Tuesday's close...hovering around 93% net short just before the dollar broke down further going into the weekly close...appears to be plenty of room to the downside for the greenback here as Large and Small specs are positioned to continue bleeding on the long side versus the deep-pocketed Commercials...coincides with a recovering Euro that seems to have priced in the worst of the crisis and is now slowly shaking off the gloom-and-doom that has surrounded it for many months...this whole Davos thingy appears to be producing enough collective 'stuff' to help the Euro-zone muddle through the muck...time for the focus to switch back to the U.S. dollar as folks start to talk about the unsustainable deficit/debt situation going into the U.S. election...good to remember that the powers-that-be will prefer a weaker dollar to help juice the economy going into November...anyway, enough rambling for one Saturday, lol...COT Report linked below the chart.