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    HomeNewsCurrencyBuy EURINR; target of : 89.40 : September 20, 2023: ICICI Direct

    Buy EURINR; target of : 89.40 : September 20, 2023: ICICI Direct

    ICICI Direct, Euro tried to go beyond the 1 .07 mark but failed to capitalise its gains after the downward revisions in the Eurozone CPI.

    September 20, 2023 / 10:20 IST
    Rupee

    ICICI Direct's currency report on EURINR

    Euro tried to go beyond the 1 .07 mark but failed to capitalise its gains after the downward revisions in the Eurozone CPI. The Euro zone CPI dipped to 5 . 2 %YoY in August . The pair is expected to rise again towards 1 .072 , as long as it holds the support of 1 .0650 . The expectation of higher PPI data from Germany could support the pair to rise above the 1 .072 mark . EURINR is likely to find support near 88 .80 and move higher towards 89 .50.

    For all Currency report, click here

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    20092023 - curre

    first published: Sep 20, 2023 10:20 am

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