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sd-10-EFTA01449371Dept. of Justice

EFTA Document EFTA01449371

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28 February 2013 Exchange Rate Perspectives Deutsche Bank CI Euro area (EUR Figure 1: The basic balance has turned positive... 200 103 0 -100 -200 -300 -400 .500 Feb.01 Bmle B moue 12-inaren -y USCVEUR Feb03 Feb06 Feb07 Feb09 Feb.11 Feb.13 1.6 1.5 1.4 1.3 1.2 1.1 1.0 0.9 Q0 0.7 Figure 3: EUR/USD strongly correlated (0.88) with bilateral basic balance with the US 100 110 60 10 -40 USD - Eti lateral Be sic Bs lance, legged (6m) EURUSD(th s) -93 .140 Correlat

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Dept. of Justice
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sd-10-EFTA01449371
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