Published by Mark Smith-HalvorsenEuropean Central Bank president Jean-Claude Trichet has claimed that second-quarter growth figures show there is little likelihood of a double-dip recession in the region.Speaking to Le Figaro, he said that while it was important not to read too much into the quarterly figures, they "confirm" that a double-dip recession in Europe will be unlikely.Looking ahead, he pointed to Germany's pivotal role in the eurozone's economic recovery."Germany is the biggest economy in the [currency] union and the top market for the exports of the near-totality of the other countries. When it improves, it is clearly good for the Eurozone as a whole," Mr Trichet told the paper.As global forex trading gets underway this week, the euro has found support from China as it looks to diversify away from the US dollar.In a statement, Chinese officials expressed interest in increasing its euro holdings, as well as developing stronger direct trade links with the EU.For more information on foreign exchange treasury services and risk management, visit our Corporate FX site.