EFTA01458617Dataset 10
2015-09-261p251w
26 September 2015 FX Forecasts and Valuations: Don't throw in the towel z G10 FX Valuation Monitor Figure 4: The dollar is expensive and the euro modestly Figure 5: The dollar is above fair value now cheap 30 I% Over/undervalued) 130 1 —USDTWI 130 178 20 142 11 120 PPP USDTWI 120 84 83 10 - - —20% Rena 110 i te.•\ eft- • .....,__,_ 110 0 ..• 100 100 •10 .4 3 Nt -7.1 93 lei iv 90 -20 4Aa --...,.., 90…
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01458617.pdf
EFTA01458622Dataset 10
2015-09-251p241w
25 September 2015 FX Forecasts and Valuations: Don't throw in the towel Appendix 1 Important Disclosures Additional information available upon request •Prices are current as of the end of the previous trading session unless otherwise indicated and are sourced from local exchanges via Reuters, Bloomberg and other vendors . Other information is sourced from Deutsche Bank, subject companies, and other sources. For disclosures pertaining to recommendations or estimates made on securities other than the primary subject of this research, please…
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01458622.pdf
EFTA01458624Dataset 10
2015-09-251p587w
25 September 2015 FX Forecasts and Valuations: Don't throw in the towel and/or services, customers should carefully read the relevant disclosures. prospectuses and other documentation. "Moody's", "Standard & Poor's", and "Fitch" mentioned in this report are not registered credit rating agencies in Japan unless Japan or "Nippon" is specifically designated in the name of the entity. Reports on Japanese listed companies not written by analysts of DSI are written by Deutsche Bank Group's analysts with the…
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01458624.pdf
EFTA01458615Dataset 10
2015-09-251p909w
25 September 2015 FX Forecasts and Valuations: Don't throw in the towel Romania EURRON remains tightly managed by the NBR, and has effectively traded within the 4.40-4.50 range since early 2014. We do not expect a change in this managed currency regime or the EURRON range maintained by the NBR. RON remains undervalued on our fundamental valuation metrics, indicating that there is unlikely to be pressure to weaken the currency. Further, the NBR would not want…
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01458615.pdf
EFTA01458616Dataset 10
2015-09-251p632w
25 September 2015 FX Forecasts and Valuations: Don't throw in the towel Lett Amines Brazil After months of negative signals but overall relative stability, the policy backdrop in Brazil appears to be quickly unraveling, and the BRL is following suit. USD/BRL is now about 70% higher on the year (BRL REER 20% weaker), and more is likely in store given the potential for further political and policy deterioration (as well as the intensifying recession and unfavorable external backdrop…
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01458616.pdf