The document discusses the economic outlook for the UK in 2014, focusing on inflation risks, potential FDI inflows, and the current account deficit. It predicts moderate bearish trends for EUR/GBP and GBP/USD, with a preference for buying GBP versus CAD. The UK domestic demand cycle is strong, with inflation and FDI as major upside risks. The document also highlights the UK's current account deficit as a constraint on gains versus the euro and dollar.
doj/DataSet10/EFTA01446659.pdf
{"title":"FX Blueprint: Thin end of the wedge","document_date":"2014-01-09","document_type":"tabular","key_locations":["UK"],"key_organizations":["Deutsche Bank AG"],"reference_numbers":["DB-SDNY-0100956","SDNY_GM_00247140","EFTA01446659"]}