Eurodollar note to bring FX to mainstream German investors

RBS Global Banking & Markets has launched a foreign exchange-linked note offering exposure to the euro and dollar exchange rate. The note will be marketed to German retail investors and offers potential returns whether the rate goes up or down. "Foreign exchange is the biggest and most liquid underlying asset in the world," says Tamas Korchmaros, director for FX structuring at the bank. "What is the most liquid currency pair? What are people most likely to have a view about? The answer is the

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