Moneycontrol
Jan 11, 2017 10:58 AM IST IST | Source: Moneycontrol.com

Euro is likely to trade lower: Angel Broking

According to Angel Broking, Euro currency, in the international market traded lower by 0.18 percent yesterday as lack of important economic datasets from the zone kept the trading volumes light in turn prompting traders to focus on international events for placing bets.

Angel Broking's report on currency

EURINR
Euro currency, in the international market traded lower by 0. 18 percent  yesterday as lack of important economic datasets from the  zone kept the trading volumes light in turn prompting traders to focus on international events for placing bets. Trump’s conference  ahead in the day will keep the DX volatile which will affect the movement of Euro currency accordingly. Due to all the above factors, the shared currency is likely to trade lower in today’s trading session.

OUTLOOK
Euro currency accordingly. Due to all the above factors, the shared currency is likely to trade lower in today’s trading session. 

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