Moneycontrol
Oct 10, 2017 10:58 AM IST | Source: Moneycontrol.com

EURINR is expected to trade higher: Angel Broking

According to Angel Broking, EURINR spot is expected to trade higher on the back of increased possibility of ending ECB ’ s asset purchase program.

EURINR is expected to trade higher: Angel Broking

Angel Broking's currency report on EURINR


The Euro currency spot traded higher in the yesterday’s trading session after a data showed that the Euro - zone investor morale had hit 10 - year high in October. Also, one the ECB policymaker commented on ending the asset purchase plan pretty soon which lifted the Euro currency. In today ’ s trading session, EURINR spot is  expected to trade higher on the back of increased possibility of ending ECB ’ s asset purchase program.

OUTLOOK
EURINR spot is  expected to trade higher on the back of increased possibility of ending ECB ’ s asset purchase program.

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