Moneycontrol
Feb 01, 2018 11:41 AM IST | Source: Moneycontrol.com

EURINR is expected to move sideways: Angel Broking

According to Angel Broking, Euro EURUSD appreciated by 0.16 percent however EURINR appreciated by 0.20 percent during the same time frame.

Broker Research @moneycontrolcom

Angel Broking's currency report on EURINR


Euro EURUSD appreciated by 0.16 percent however EURINR appreciated by 0.20 percent during the same time frame. The preliminary quarterly GDP estimates for euro zone come in line with market expectations at 0.6% for Q4 2017. Also, Euro zone CPI comes in line with market expectations at 1.3% for De’ 17. Grand coalitions talks begin in Germany post the adjournment over refugee issue.

OUTLOOK
EURINR is expected to move sideways in the coming session.

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