Epstein Secrets

on 02/26/2014 04:18 PM From: Tazia smith/db/dbcom To: cc: Paul morris, vahe stepanian/db/dbcomODBAmericas Date: 02/24/2014 11:44 AM Subject: USDMXN [C] Classification: confidential Harry - As discussed, I am following up to identify where those "Exchange Rates" denoted with the bond purchase/

od. I will be back with the explanation and resolution ASAP. Regards, Tazia (Embedded image moved to file: pic05814.gif) used with permission of Bloomberg Finance LP (Embedded image moved to file: pic13921.gif) Tazia Smith Director I Key client Partners - us Deutsche Bank Securities Inc CONFIDENTIAL — PURSUAN

ility and marked depreciation vs. USD (see historical price chart below) • Affected commodity linked currency pairs include AUDUSD, USDBRL, USDCAD, USDMXN, and USDNOK • Premium neutral bullish risk reversals on commodity currencies can take advantage of implied vol, skew and forward dynamics (i.e. cl

USDBRL Curacy (L5D-BRL X-RATE) Daily 05JAN2010-05JAN2015 CopyrightA 2015 Bloomberg Finance LP. OS-Jan-201516:53:43 • Last Price 1 2.7060 T High on 12/16/14 2.7387 -0- Average 1.%36 J. Low on 07/26/11 1.5391 2010 2011 2012 2013 2014

on 02/26/2014 04:18 PM From: Tazia Smith/db/dbcom To: Cc: Paul Morris, Vahe Stepanian/db/dbcom@DBAmericas Date: 02/24/2014 11:44 AM Subject: USDMXN [C] Classification: Confidential Harry - As discussed, I am following up to identify where those "Exchange Rates" denoted with the bond purchase/

od. I will be back with the explanation and resolution ASAP. Regards, Tazia (Embedded image moved to file: pic13533.gif) Used with permission of Bloomberg Finance LP (Embedded image moved to file: pic17650.gif) Tazia Smith Director I Key Client Partners - US Deutsche Bank Securities Inc Deutsche Asset & Wealt

02/26/2014 04:18 PM From: Tazia Smith/db/dbcom To: r Cc: Paul Morris, Vahe Stepanian/db/dbcom@DBAmericas Date: 02/24/2014 11:44 AM Subject: USDMXN [C] Classification: Confidential Harry - As discussed, I am following up to identify where those "Exchange Rates" denoted with the bond purchase/

ack with the explanation and resolution ASAP. EFTA01479470 Regards, Tazia (Embedded image moved to file: pic05814.gif) Used with permission of Bloomberg Finance LP (Embedded image moved to file: pic13921.gif) Tazia Smith Director I Key Client Partners - US Deutsche Bank Securities Inc Deutsche Asset & Wealt