Angel Broking's currency report on EURINR
EURUSD appreciated by 0.25 percent yesterday whereas EURINR appreciated by 0.35. The German Business Climate Survey for February showed that the index bounced to 96.1 from 95.2 amid a bounce in the assessment and expectations. The German Federal Statistical Office confirmed 2019 Q4 GDP at 0.0%, confirming economic weakness in the Union.
EURINR is expected to depreciate in today’s session.
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