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Home » News » Brokerage Recos - Currencies

Feb 17, 2017, 10.46 AM | Source: Moneycontrol.com

EURINR is expected to trade sideways: Angel Broking

According to Angel Broking, Euro traded higher by 0.7 percent (EURUSD) and 1 percent (EURINR) yesterday as European Union officials urged Greece and its lenders on Thursday to conclude a long - overdue bailout review quickly to safeguard economic recovery.

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EURINR is expected to trade sideways: Angel Broking

According to Angel Broking, Euro traded higher by 0.7 percent (EURUSD) and 1 percent (EURINR) yesterday as European Union officials urged Greece and its lenders on Thursday to conclude a long - overdue bailout review quickly to safeguard economic recovery.

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, Angel Broking |

Angel Broking's report on currency

EURINR
Euro traded higher by 0.7 percent (EURUSD) and 1 percent (EURINR) yesterday as European Union officials urged Greece and  its lenders  on Thursday to conclude a long - overdue bailout review quickly to safeguard economic recovery. Also, EU officials were urging speed to  avoid catastrophe and one German politician close to Chancellor  Angela Merkel hinted that one bone of contention the participation  of the International Monetary Fund may be got around.  Due to all  the above factors, EURINR is expected to trade sideways today as investors will be keenly awaiting political agreement before a  meeting of euro zone finance ministers on  20 th Feb.  

OUTLOOK
EURINR is expected to trade sideways today as investors will be keenly awaiting political agreement before a meeting of euro zone finance ministers on  20 th Feb. 

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

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EURINR is expected to trade sideways: Angel Broking

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