What Does A Digital Euro Mean For FX?

From the time when it was first announced that China plans to create a “crypto yuan” which is a digital alternative to their national currency, the global discussion about the benefits and disadvantages of digital currencies has been heating up. Today the European Union is also actively involved and the major part of the banking community of Europe has estimated the idea of China’s digital currency positively.Q3 2020 hedge fund letters, conferences and moreAs a result of the increased hopes of the digital yuan’s success, Europe started developing a plan for launching a digital euro which is ev…

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HEDGE accordingly