Moneycontrol
Get App
Last Updated : Aug 07, 2019 12:48 PM IST | Source: Moneycontrol.com

EURINR is expected to move sideways: Angel Broking

According to Angel Broking, EURUSD depreciated by 0.04 percent yesterday while EURINR depreciated by 0.29 percent the same time frame.

Broker Research @moneycontrolcom

Angel Broking's currency report on EURINR


EURUSD depreciated by 0.04 percent yesterday while EURINR depreciated by 0.29 percent the same time frame. Draghi said the euro zone's central bank was looking at interest rate cuts, fresh bond buys and new policy guidance to lift persistently low inflation, which has undershot its target for the past six years. The outlook according to the bank is getting worst for the bloc as trade war is hampering confidence.


OUTLOOK


EURINR is expected to move sideways 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.



Subscribe to Moneycontrol Pro and gain access to curated markets data, trading recommendations, equity analysis, investment ideas, insights from market gurus and much more. Get Moneycontrol PRO for 1 year at price of 3 months at 289. Use code FREEDOM.
First Published on Aug 7, 2019 12:48 pm
Loading...
Sections
Follow us on
Available On
PCI DSS Compliant