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1.35 target on USD/CAD from Deutsche bank.

Deutsche bank analysts updated their outlook on USD/CAD. “We are revising our USD/CAD forecast path lower following a moderate rally in oil prices and a slower pace of Fed tightening than originally expected. USDCAD should peak around 1.35 this year and slightly above 1.40 next year on expectations that the Fed will resume its tightening […]

Oil target of $50-55 from Deutsche Bank.

Michael Hsueh, a commodities analyst at Deutsche Bank thinks that we will see higher crude prices in the years ahead. “Our revised balance shows that the current year will remain in a material surplus of +650 kb/d, representing a halfway point between the +1,150 kb/d surplus last year and a modeled +160 kb/d surplus in […]

Deutsche Bank thinks Ruble is undervalued.

Deutsche bank analysts think that Ruble is the most undervalued currency in developing Europe. According to Gautam Kalani, an emerging-markets strategist at Deutsche Bank the crude prices are stable, and thus he sees a room for the ruble to strengthen. The currency pair USD/RUB had a median target of 72 for 2016. The pair closed […]