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Alaron Currency Comment

CHICAGO - Aug 27/08 - SNS -- Following is the currency futures comment from Alaron Trading Corp.

Euro Currency (ECU8):

The EC opened higher at 1.4755 after 'hawkish' comments from two ECB members who stated that it is very likely that interest rates will not change until Q1 of 09'. Prices rose to a morning Hi of 1.4764, before a stronger � than expected U.S. Durable Goods report sent the DX higher and the EC to a morning Lo of

Dollar Index (DXU8):

The DX opened lower at 76.85 against a stronger EC, after 'hawkish' comments from ECB members. A better than expected Durable Goods report sent the DX to a morning Hi of 77.20, before

British Pound (BPU8):

The BP opened higher at 1.8434 against a weaker DX and rose to a morning Hi of 1.8464, before retracing on positive U.S. economic data to a morning Lo of

Canadian Dollar (CDU8):

The CD opened higher at .9584 against the weaker DX and rose to a morning Hi of .9587, before drifting lower to .9547 �as �the DX rebounded on the Durable Goods report. �

Japanese Yen (JYU8):

The JY opened higher at .9178 and rose to a morning Hi of .9183, before retracing against a �rising DX. �

Bob Kozak

Alaron Research Team

800.462.4691

bkozak.com

DISCLAIMER: Futures and options trading involve substantial risk. The valuation of futures and options may fluctuate, and as a result, clients may lose more then their original investment. In no event should the content of this website be construed as an express of an implied promise, guarantee or implication by of from the author(s) that you will profit or that losses can or will be limited in any manner whatsoever. Past performance is not necessarily indicative of future results. Information provided on this website is intended solely for informative purposes and is obtained from sources believed to be reliable. Information is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted. Alaron Trading Corp. its officers, directors, employees and brokers may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report.

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