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EFTA Document EFTA01451207
Title Matchefta-efta01451207
Case Filesd-10-EFTA01451207Dept. of JusticeEFTA Document EFTA01451207
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Case File
sd-10-EFTA01451207Dept. of JusticeEFTA Document EFTA01451207
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Deutsche Bank FX Strategists are calling for USDJPY of 115 by year-end 2014, and 120 by year-end 2015. See DB FX Blueprint published 1/9/14, and note that #2 of the top 10 themes of 2014 (p. 5-6) revolves around extended weakness in the Japanese Yen vs. USD. Consider a lOyear expiry SY call option struck at 85 (spot fx 105, forward fx 77.70). Price 4.7% of USD notional This option has four notable characteristics If SY stays at these levels the option decays positively by approx 15-20% p
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Dept. of Justice
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sd-10-EFTA01451207
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