ECB's Villeroy: Rising trade tensions are the biggest threat to economic growth

The European Central Bank (ECB) Governing Council member Villeroy de Galhau is on the wires now, via Reuters, expressing his concerns on the trade war risks.

Key Headlines:

Europe faces great economic uncertainties.

Rising trade tensions are the biggest threat to growth.

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The continuation of the buying pressure around the European currency is lifting EUR/GBP to new multi-month tops in the critical 0.8900 neighbourhood.
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