Moneycontrol
Sep 15, 2017 11:25 AM IST | Source: Moneycontrol.com

EURINR is expected to trade in a range bound manner: Angel Broking

According to Angel Broking, yesterday, EURINR spot surged marginally by 0. 0 3 percent on account of weak US Dollar Index despite robust release of inflation data which still depress ed expectations for another US rate hike later this year.


Angel Broking's currency report on EURINR


Yesterday, EURINR spot surged marginally by 0. 0 3 percent on  account  of weak US Dollar Index despite robust release of inflation data which still depress ed expectations for another US rate hike later this year. In today’s trading session, EURINR spot is expected to trade in a range - bound manner as lack of important economic data sets shall keep the trading volumes a bit light.

OUTLOOK
EURINR spot is expected to trade in a range - bound manner as lack of important economic data sets shall keep the trading volumes a bit light.

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.

Sections
Follow us on
Available On