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Deutsche On Five FX Lessons Learned in 2011
It is often useful to learn from one's mistakes, or in some cases from one's successes, and as they prepare for their 2012 Blueprint, Deutsche's FX research team focuses in on lessons they learned from the travails of an asset class that was at times chaotic and at others baffling in its stagnation. Digressing from the high levels of uncertainty accompanied by strange periods of low volatility to a recognition that emerging markets did not decouple and there are no more safe havens, the five key insights offer practical views on what worked and what didn't and critically going forward to focus on the flows emanating ... (full story)
