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European Commission President Ursula von der Leyen sounded confident, as she said that they are very positive about reaching a solution on the Airbus-Boeing issue on Tuesday.

EU and Canada discussed the way to global carbon pricing, she added.

Earlier on, Reuters reported that the EU and the US struck a deal to resolve the long-standing Boeing-Airbus tariff dispute.

Market reaction

Despite the optimistic remarks from von der Leyen, EUR/USD is trading around 1.2140, easing off daily highs at 1.2149. The spot is still up 0.19% on the day.