EFTA Document EFTA01459034

Deutsche Bank Markets Research Global Economics foreign Exchange FX Spot Special Report Euroglut a year on: alive and kicking, EUR/USD to break parity ▪ Back in October 2014 we introduced our "Euroglut" hypothesis. We predicted a wave of European capital outflows to the rest of the world that would keep global yields unusually low and cause dramatic euro weakness despite the region's large current account surplus.' ▪ In this report, we take the opportunity to review the evidence s