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sd-10-EFTA01458617Dept. of Justice

EFTA Document EFTA01458617

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26 September 2015 FX Forecasts and Valuations: Don't throw in the towel z G10 FX Valuation Monitor Figure 4: The dollar is expensive and the euro modestly cheap Figure 5: The dollar is above fair value now 30 I% Over/undervalued) 130 20 178 142 11 120 84 83 10 110 0 100 •10 .4 3 -7.1 93 -20 -30 -25.0 -25.7 70 -40 CHF NW GBP 1)50 AUD EUR CAD NOK SEK JPY 60 Sant Oteeserare.OSeen 1 -USDTWI PPP USDTWI 130 120 i te.• \ eft- • .....,__,_ - - -20% Rena 110 ..•

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Dept. of Justice
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sd-10-EFTA01458617
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