EFTA Document EFTA01449366
28 February 2013 Exchange Rate Perspectives Deutsche Bank ri Figure 12: EUR/USD is cheap vs. FEER FV 1.80 -1 Relative FEER Fair Value Spot 1.60 -I 1.40 1.20 too 0.80 1 0.60 80 82 8486 88 90 92 94 96 98 0002 04 0608 1012 OtirxPeorecr, Figure 14: GBP/USD is expensive vs. FEER FV 250 1 2.00 - 1.50 1.00 Relative PEER Fair Value —Spot B032 848638 90 92 94 96 98 0002 040608 10 12 Figure 16: USD/CAD is quite cheap vs. FEER FV 1.80 1.60 - 1.00 0.80 Relative PEER Fair Value Sp
Summary
28 February 2013 Exchange Rate Perspectives Deutsche Bank ri Figure 12: EUR/USD is cheap vs. FEER FV 1.80 -1 Relative FEER Fair Value Spot 1.60 -I 1.40 1.20 too 0.80 1 0.60 80 82 8486 88 90 92 94 96 98 0002 04 0608 1012 OtirxPeorecr, Figure 14: GBP/USD is expensive vs. FEER FV 250 1 2.00 - 1.50 1.00 Relative PEER Fair Value —Spot B032 848638 90 92 94 96 98 0002 040608 10 12 Figure 16: USD/CAD is quite cheap vs. FEER FV 1.80 1.60 - 1.00 0.80 Relative PEER Fair Value Sp
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