Moneycontrol PRO

EURINR is expected to depreciate: Angel Broking

According to Angel Broking, EURUSD appreciated by 0.25 percent yesterday whereas EURINR appreciated by 0.35.

February 26, 2020 / 10:08 AM IST

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.


OUTLOOK


EURINR is expected to depreciate 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.

Close

first published: Feb 26, 2020 10:08 am
Sections
ISO 27001 - BSI Assurance Mark