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Last Updated : Jan 16, 2020 09:46 AM IST | Source: Moneycontrol.com

EURINR is expected to appreciate: Angel Broking

According to Angel Broking, EURUSD appreciated by 0.2 percent yesterday while EURINR appreciated by 0.06 percent the same time frame.


Angel Broking's currency report on EURINR


EURUSD appreciated by 0.2 percent yesterday while EURINR appreciated by 0.06 percent the same time frame. German WPI came in at 0 percent against market expectations of 0.2 percent for Dec’19. EU Trade Commissioner Phil Hogan visited his counterpart in Washington to pour some cold water on the trade relationship between the two economies after US President Trump threatened to retaliate on French tax on US tech-firms.


OUTLOOK


EURINR is expected to appreciate in today’s session.


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First Published on Jan 16, 2020 09:46 am
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