EFTA01449257.pdf

28 February 2013 Exchange Rate Perspectives Deutsche Bank G10 FX Forecasts: End of Quarter Latest 2013 2010 2015 27 Feb, /3 and-Q1 end-Q2 end-Q3 end-Q4 end-04 end-034 LID-crosses EURNSO 1.31 1,35 130 1.25 1.20 1.15 1.10 USD/JPY 92 94 96 98 100 110 115 G8P/USD 1.51 1.52 1.49 145 141 1.39 1.38 USD/CHF 0.23 0.91 0.96 100 1.04 1.07 1.12 AUD/USD 1.02 1.06 104 1.02 1.00 090 0.85 NZONSI3 0.82 0.83 083 0.82 0.80 072 0.68 USD/CAD 1.03 0.98 0.98 098 100 105 1.10 USD/SEK 645 6.15 6.31 a 48 6.67 6.74 6.82 USD/NOK 571 5.48 5.62 576 5.92 6.00 6.09 8(2R-costes EUR/JPY 120 127 125 123 120 127 127 EUR/GBP 0.87 0.89 0.87 0.86 0.85 0.83 0.80 EUR/CHF 1.22 1.23 1.25 1.25 1.25 1.23 1.23 EUR/SEK 845 8.30 8.20 8.10 8.00 7.75 7.50 EUFt/NOK 749 7.40 7.30 7.20 7.10 6.90 6.70 Page 4 Deutsche Bank AG/London CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0104592 CONFIDENTIAL SDNY_GM_00250776 EFTA01449257