Moneycontrol
Mar 27, 2018 11:33 AM IST | Source: Moneycontrol.com

EURINR is expected to move sideways: Angel Broking

According to Angel Broking, EURUSD appreciated by 0.74 percent while EURINR depreciated by 0.19 percent during the same time frame.


Angel Broking's currency report on EURINR


EURUSD appreciated by 0.74 percent while EURINR depreciated by 0.19 percent during the same time frame. France public deficit falls to below EU 3 percent target for the first time a decade. It came in at 2.6% of GDP against government expectations of 2.9%. Also, Eurozone manufacturing PMI came in at 56.6 for Feb’18 against market expectations of 58.1. Also, the services PMI came in at 55 against market expectations of 56 for Feb’18. The German ZEW economic sentiment index came in at 5.1 for Mar’18 against market expectations of 13.1.

OUTLOOK
EURINR is expected to move sideways in today’s session.

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