EFTA01387013.pdf

— EURUSD6n1 real.441 24% - U54,24R awn real y01 90% 22% - — EURZAR ern real vol — EURZAR-USDZAR em real coo • 80% 20% - • 70% 18%- 16% - 'AAA, Md 60% 14% - • . 01 - 50% 12% - • 40% 10% - 8% 30% Jan-10 Jul-10 Jan-11 Jan-12 —EURUSD spot 1.15 .... USDZAR spot 90% — EURZAR spot 1.10 — EURZAR-USOZAR ro real xc 80% 1.05 70% 1.00 60% 0.95 50% 0.90 0.85 40% 0.80 30% Ja -10 Jul-10 Jan-1I Jul-11 Jan-12 25% — EURUSD aen rea€ al 100% USDZiCR Om real AI 20% — EUR24R am real w€ EURZ4R-USDZAR Om rawI carf evcr 90% 15% 80% 10% 70% 5% 60% 0% 50% Jul 14 Jan-15 Jul-1S Jan-16 Jul 16 1.60 — EuRuSD spot 100% —• USD7AR spot — EURZAR wait 1.45 EURZAXUSDZAR elm fOS tett *14 1I-e-1 90% Vcri f1 1.30 80% 1.15 70% 1.00 60% 0.85 0.70 50% Jan-15 Jul-15 Jan-16 Jul 16 From: Xavier Avila Sent: Friday, December 01, 2017 3:54 PM CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0089015 CONFIDENTIAL SDNY GM_00235199 EFTA01387013