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ECB’s Villeroy: We are not currently in a currency war but rather a trade war situation

FXStreetMay 16, 2025 5:12 AM

European Central Bank (ECB) policymaker Francois Villeroy de Galhau said on Friday that “we are not currently in a currency war but rather a trade war situation.”

“Protectionism and uncertainty are having a negative impact on US economic confidence,” he added.

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