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Home » News » Brokerage Recos - Currencies

Feb 15, 2017, 11.24 AM | Source: Moneycontrol.com

Sell EURINR target of 70.70: Karvy

Karvy has come out with its currency report. According to the research firm, one can enter EURINR at 71.08 - 71.16; and sell with a target of 70.70 with a stop loss of 71.25.

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Sell EURINR target of 70.70: Karvy

Karvy has come out with its currency report. According to the research firm, one can enter EURINR at 71.08 - 71.16; and sell with a target of 70.70 with a stop loss of 71.25.

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, Karvy Stock Broking |

Karvy's research report on currency

EURINR

Euro is trading at 1.0575, losing ground against the dollar after hawkish comments from Yellen in her testimony to the US senate. German and European CPI, GDP and economic sentiment index were reported below expectations and added downward pressure on the Euro. European trade balance data on tap but the dollar would be the key driver today.  

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.

To read the full report click here

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Sell EURINR target of 70.70: Karvy

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