Euro rose on Wednesday against a basket of world currencies in the first three-day gain against the US dollar, ahead of a meeting in the White House that brings together European Commission President Jean-Claude Juncker and US President Donald Trump. To resolve the recent trade disputes between the European Union and the United States.

Euro rose against the dollar by 0.1% at 07:35 GMT, trading at $ 1.1696, the opening price of $ 1.1686, and the highest at $ 1.1699 and the lowest at $ 1.1675.

Euro ended yesterday’s trading lower by less than 0.1% against the dollar, its second consecutive daily loss, after mixed data on the performance of Europe’s main industrial and service sectors in July.

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The dollar index fell more than 0.1% on Wednesday, continuing losses for the second day in a row, reflecting the decline of the US currency against a basket of major and secondary currencies.

A meeting of the White House in Washington, bringing together European Commission President Jean-Claude Juncker and US President Donald Trump, will be held later in the day as part of efforts to resolve recent trade disputes between the EU and the United States.

The talks came after the United States imposed additional tariffs on steel and aluminum goods from Europe and threatened Donald Trump with more tariffs on EU-made vehicles.

Investors are also waiting for important data on confidence in the business climate in Germany, the euro zone’s largest economy, to be released by 08:00 GMT. The IFO Institute for Business Climate Survey in Germany in July forecast 101.6 points from 101.8 in June.