|Day's range||14.8800 - 15.3200|
|52-week range||14.8800 - 15.3200|
|PE ratio (TTM)||N/A|
|Dividend & yield||N/A (N/A)|
|1y target est||N/A|
A federal judge has dismissed a lawsuit accusing Deutsche Bank AG (IOB: 0H7D.IL - news) of concealing major deficiencies in its anti-money laundering controls, even as it allowed "mirror trades" to launder money out of Russia as part of a $10 billion trading scheme. U.S. District Judge Analisa Torres in Manhattan on Wednesday said investors who bought the German bank's securities in the United States failed to specify how Deutsche Bank materially misled or intended to mislead them about its controls.
If shifts in major banks' currency views are anything to go by, Tuesday's speech by European Central Bank Governor Mario Draghi may mark an early end to the dollar's third big rally since the late 1970s. Barclays (LSE: BARC.L - news) and Deutsche Bank (IOB: 0H7D.IL - news) , along with Goldman Sachs (NYSE: GS-PB - news) , led the charge in 2014 in predicting rises in U.S. interest rates and the weakness of Europe would see the greenback reach parity with the euro for the first time in more than a decade. Both Barclays and Deutsche - respectively the fifth and seventh biggest players in the $5 trillion a day global currencies trade - have now backed off long-held support for the greenback in the space of a few days.
The euro hit a 1-year high on Wednesday and German 10-year Bund yields continued to rise after doubling the previous day, as bets grew that the European Central Bank is readying to scale back its 2-trillion-euro stimulus programme. It was a lively European session.