EUR/USD pair quotes at 1.1635, up 0.42% on the day as risk appetite returned. European stocks soared with major indices jumping around 2%. President Donald Trump had told aides he was willing to end military hostilities in the Middle East even if the Strait of Hormuz remained largely shut. This is boosting global stocks. The US dollar index slipped near 90 mark after heavy losses yesterday and currently trades down 0.44% at 99.33.