Moneycontrol
Feb 15, 2018 11:19 AM IST | Source: Moneycontrol.com

EURINR is expected to depreciate: Angel Broking

According to Angel Broking, EURUSD appreciated by 0.79 percent while EURINR depreciated by 0.26 percent during the same time frame.


Angel Broking's currency report on EURINR


EURUSD appreciated by 0.79 percent while EURINR depreciated by 0.26 percent during the same time frame. German industrial production comes in line with market estimates at - 0.6% for Jan’18. Euro services PMI comes in at 58 for Jan’18 against market expectations of 57.6.  Euro zone GDP for Q4 2017 comes in line with market expectations at 0.6%. Industrial production from the region comes in at 0.4% for Jan ’ 18 as compared to market  expectations of 0.1%.

OUTLOOK
EURINR is expected to depreciate in the coming 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.

Sections
Follow us on
Available On