ECB's Villeroy: Trump's economic and financial agenda is the wrong path


European Central Bank (ECB) policymaker and  Bank of France head Francois Villeroy de Galhau said on Friday that US President Donald “Trump's economic and financial agenda is the wrong path.”

Additional quotes

  • The EU mustn't follow Trump on financial regulation.
  • Deregulation would sow seeds of financial crises.

Market reaction

At the time of writing, EUR/USD is posting sizeable gains above 1.1400, up 2.1% on the day.

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