According to Angel Broking, EURUSD appreciated by 0.5 percent while EURINR depreciated by 1.49 percent during the same time frame.
Angel Broking's currency report on EURINR
EURUSD appreciated by 0.5 percent while EURINR depreciated by 1.49 percent during the same time frame. In the recently concluded ECB’s meeting the committee was optimistic about the growth prospects in the region and rising inflation but made no comments regarding when the stimulus program would end. Also, the preliminary quarterly GDP estimates for euro zo ne came in line with market expectations at 0.6% for Q4 2017. Grand coalitions talks begin in Germany post the adjournment refugee issue.OUTLOOK
EURINR is expected to sideways in the coming session.
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