Search ForexCrunch

A spokesperson for the European Union’s (EU) Brussel’s headquarters, Barend Leyts, announced on Tuesday that EU leaders will hold the next meeting on the EU recovery plan and long-term budget on July 17th and 18th, as reported by Reuters.

Market reaction

This announcement doesn’t seem to be having a significant impact on market sentiment nor the shared currency’s performance against its rivals. As of writing, the Euro Stoxx 50 Index was up 2% on the day at 3,307 points. Meanwhile, the EUR/USD pair was gaining 0.3% at 1.1293.