ABN upbeat on US dollar

ABN Amro has launched two capital protected notes in Germany which are designed to provide exposure to the appreciation of the US dollar against the euro. The notes are targeted at investors anticipating a move towards a sustainable US base interest rate and the expectation of better US market data, which could point towards an increase in the dollar.

The US$ Comeback Capital Protection Note is a three-year 100% capital guaranteed product which offers an indicative 170% participation in the appreciation of the dollar against the euro. The underlying comprises the price for one euro expressed in dollars.

The second note, the US$ Comeback Capital Protection Note II, is a 22-month 100% capital protected product which offers an indicative 100% participation rate in the same underlying. The return of both notes is calculated using the final

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