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Last Updated : Apr 16, 2019 12:57 PM IST | Source: Moneycontrol.com

EURINR is expected to depreciate: Angel Broking

According to Angel Broking, EURUSD appreciated by 0.06 percent yesterday while EURINR depreciated by 0.31 percent the same time frame.


Angel Broking's currency report on EURINR


EURUSD appreciated by 0.06 percent yesterday while EURINR depreciated by 0.31 percent the same time frame. German CPI policy meeting came in line with market expectations at 0.4 percent for Mar’19. Meanwhile, German's Bundesbank monthly report indicated that the country's economy grew moderately in the first quarter of the year, adding that the underlying growth trend remains subdued.


OUTLOOK


EURINR is expected to depreciate in today’s session.


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First Published on Apr 16, 2019 12:57 pm
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