“The European Union needs an agreement on the crisis response in the next 24 hours, failure is not an option,” French Finance Minister Bruno Le Maire said on Wednesday, per Reuters. “Europe must be able to use the European Stability Mechanism, we need the money it can provide,” Le Maire added. “There is an agreement with Germany and other countries that we need an EU fund to finance the economic recovery.” Market reaction The EUR/USD pair largely ignored these remarks and was last seen trading at 1.0875, erasing 0.13% on a daily basis. In the meantime, the Euro Stoxx 50 Index was down 0.88% at 2,832.66 points. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next ACB Stock Price: Aurora Cannabis Inc. looks for direction near 0.81 FX Street 2 years "The European Union needs an agreement on the crisis response in the next 24 hours, failure is not an option," French Finance Minister Bruno Le Maire said on Wednesday, per Reuters. "Europe must be able to use the European Stability Mechanism, we need the money it can provide," Le Maire added. "There is an agreement with Germany and other countries that we need an EU fund to finance the economic recovery." Market reaction The EUR/USD pair largely ignored these remarks and was last seen trading at 1.0875, erasing 0.13% on a daily basis. In the meantime, the Euro Stoxx 50 Index… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.