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upport level. — Due to this, we expect the U.S. dollar to appreciate to parity against the euro and to 130 against the Japanese yen by June 2016. Deutsche Asset S. Wealth Management July 31. 2015 Focus of the week Commodities: Recent weakness in commodities is likely to continue as the dollar strengthens
ing monetary policy should continue to drive dollar appreciation. 105 Index 75 te / it a. ee re et # o 1 of U.S. Dollar Index X50 Day Moving Avoiage —200 Day Moving Average Figure 4: U.S. Dollar Index (OXY)* Source: FactSet. Deutsche AWM Data as of July 30. 2015. • Weighted index against a ba
upport level. — Due to this, we expect the U.S. dollar to appreciate to parity against the euro and to 130 against the Japanese yen by June 2016. Deutsche Asset S. Wealth Management July 31. 2015 Focus of the week Commodities: Recent weakness in commodities is likely to continue as the dollar strengthens
ing monetary policy should continue to drive dollar appreciation. 105 Index 75 te / it a. ee re et # o 1 of U.S. Dollar Index X50 Day Moving Avoiage —200 Day Moving Average Figure 4: U.S. Dollar Index (OXY)* Source: FactSet. Deutsche AWM Data as of July 30. 2015. • Weighted index against a ba
upport level. — Due to this, we expect the U.S. dollar to appreciate to parity against the euro and to 130 against the Japanese yen by June 2016. Deutsche Asset S. Wealth Management July 31. 2015 Focus of the week Commodities: Recent weakness in commodities is likely to continue as the dollar strengthens
ing monetary policy should continue to drive dollar appreciation. 105 Index 75 te / it a. ee re et # o 1 of U.S. Dollar Index X50 Day Moving Avoiage —200 Day Moving Average Figure 4: U.S. Dollar Index (OXY)* Source: FactSet. Deutsche AWM Data as of July 30. 2015. • Weighted index against a ba
Entities connected to both Deutsche Asset & Wealth Management and Moving Avoiage

Bloomberg L.P.
ORGANIZATIONBloomberg Finance LP
ORGANIZATIONDeutsche AWM
ORGANIZATIONS. Wealth Management
ORGANIZATIONGlobal FX
ORGANIZATIONBloomberg Commodity
ORGANIZATIONFocus of the week
ORGANIZATION