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Last Updated : Oct 07, 2019 11:50 AM IST | Source: Moneycontrol.com

EURINR is expected to appreciate: Angel Broking

According to Angel Broking, EURUSD appreciated by 0.3 percent last week while EURINR depreciated by 0.8 percent the same time frame.


Angel Broking's currency report on EURINR


EURUSD appreciated by 0.3 percent last week while EURINR depreciated by 0.8 percent the same time frame. The Germany IFO survey showed that the Business Climate improved more than anticipated in September, hitting 94.6 from 94.3 previously. Services PMI from Euro zone came in at 51.6 against market expectations of 52 for Sep’19.


OUTLOOK


EURINR is expected to appreciate in today’s session.


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.




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First Published on Oct 7, 2019 11:50 am
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