According to Angel Broking,EURUSD appreciated by 0.38 percent yesterday while EURINR depreciated by 0.18 percent the same time frame.
Angel Broking's currency report on EURINR
EURUSD appreciated by 0.38 percent yesterday while EURINR depreciated by 0.18 percent the same time frame. The EU Commission released a report cutting the Union’s growth and inflation forecasts for 2020, citing trade tensions and policy uncertainty, limiting the bullish potential of the shared currency. . Meanwhile, ECB’s Governing Council member said that European policymakers could theoretically decide to “resume making net asset purchases, again if warranted by the circumstances.
EURINR is expected to move sideways in today’s session.
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