The European Union’s response to the unprecedented coronavirus crisis has to be effective, German Chancellor Angela Merkel said on Thursday, as reported by Reuters. “It would be less good if it took us longer to set up a recovery fund,” Merkel added. “I can’t imagine not getting there over the course of this summer.” Market reaction These comments don’t seem to be having a significant impact on the shared currency’s performance. As of writing, the EUR/USD pair was losing 0.08% on a daily basis at 1.1241. 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 Fantom Technical Analysis: FTM/USD massive 50% surge towards $0.01 FX Street 3 years The European Union's response to the unprecedented coronavirus crisis has to be effective, German Chancellor Angela Merkel said on Thursday, as reported by Reuters. "It would be less good if it took us longer to set up a recovery fund," Merkel added. "I can't imagine not getting there over the course of this summer." Market reaction These comments don't seem to be having a significant impact on the shared currency's performance. As of writing, the EUR/USD pair was losing 0.08% on a daily basis at 1.1241. Regulated 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.