Bloomberg Businessweek

The Euro Is Ready For Its Star Turn

Central banks are poised to dial up their holdings in the single currency

The euro hasn’t looked this good in at least a decade—in the eyes of central bank officials, anyway. European economies are resurgent, and the existential crises that threatened the single currency have receded, at least for the moment. And while President Trump seems intent on sparking a trade war with China, the European Union is pursuing free-trade deals across Asia and Latin America.

Make no mistake, the euro isn’t about to dethrone the dollar as the world’s reigning reserve currency: The greenback commands the lion’s share of the $11.3

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