EURINR is expected to trade lower: Angel Broking
According to Angel Broking,In the last week, EURINR spot surged by 0.14 percent on account of weakness in the American currency post the release of CPI and retail sales data.
Angel Broking's currency report on EURINR
In the last week, EURINR spot surged by 0.14 percent on account of weakness in the America n currency post the release of CPI and retail sales data. Furthermore, the German Chancellor Angela Merkel stated that she was open to the creation of a finance minister and budget for the Euro - zone as proposed by French President Emmanuel Macron. Moreover, France’s top central banker has pleaded with Germany to loosen its fiscal policy as part of a deal with his country to strengthen the Euro - zone. Today, EURINR spot is likely to trade lower as traders’ book profits.
Today, EURINR spot is likely to trade lower as traders’ book profits.
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.