| Document Date: 2012-09-18 06:49:05
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Company Danske Bank May / Commodities Strategy Kasper Kirkegaard / 3M / Danske Bank Arne / Danske Bank General / Reuters / / Continent Europe / / Country Italy / Sweden / Norway / France / Japan / United States / United Kingdom / Spain / / Currency GBP / CHF / USD / EUR / JPY / / / IndustryTerm bank diversification flows / retail sales / bank / / Organization Bank of Japan / Swiss National Bank / ECB / US Federal Reserve / Bank of England / / Person Mervyn King / Arne Lohmann Rasmussen / Lars Christensen / Stanislava Pravdova / Morten Helt / Stefan Mellin / Christin Tuxen / / / Position central bank governor / Chief analyst / going forward / Analyst / Chief Analyst / Head / / URL www.danskebank.com/research / www.danskeresearch.com / /
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FX Forecast Update September: The euro downtrend has come to an end Arne Lohmann Rasmussen Chief Analyst, Head of Rates, FX and Commodities Strategy Kasper Kirkegaard