The document provides an analysis of foreign exchange (FX) trends and strategies, focusing on the EMEA region. It suggests going long on PLN and HUF due to competitive real effective exchange rates (REERs) and strong German demand, while staying short on TRY due to insufficient reserves and external deficits. The document discusses the impact of the Fed's monetary policy on global FX markets and highlights the divergence in performance among EMEA currencies. It also includes graphical data on currency correlations and export percentages.
doj/DataSet10/EFTA01451176.pdf
{"title":"FX Blueprint: Thin end of the wedge","key_people":["Deutsche Bank Analysts"],"document_date":"2014-01-09","document_type":"tabular","key_locations":["EMEA","Poland","Germany"],"document_subtype":"financial analysis","key_organizations":["Deutsche Bank","Bloomberg Finance LP"],"reference_numbers":["DB-SDNY-0107455","SDNY_GM_00253639","EFTA01451176"]}