Karvy's research report on currencyEURINR
Euro is trading at. 0675, continuing with the bounce from near the 1. 0530 level that was seen this week. There was no data from the EU yesterday expect for the monetary policy minutes and with limited data to be reported today, we expect this bounce to continue with a possibility to test 1. 07 but any higher levels should be faded in the near term.
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.