ECB's Villeroy: We still have a margin for rate cuts in Europe ...Middle East

We are in a moment of great economic uncertaintyBut does not see any extra inflation in the regionDoes not anticipate a recession in France, EuropeTrump's policies, US protectionism are not working

The ECB is set to meet in June next and market players are slowly warming up to the idea of another rate cut. As things stand, the odds of that are ~64% priced in at the moment.

This article was written by Justin Low at www.forexlive.com.

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