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    HomeNewsCurrencyBuy EURINR; target of : 90.90 : July 31, 2023: ICICI Direct

    Buy EURINR; target of : 90.90 : July 31, 2023: ICICI Direct

    ICICI Direct, Euro recovered from its 3-week low and closed above the 1.10 mark on Friday amid softer dollar.

    July 31, 2023 / 11:13 IST
    Rupee

    ICICI Direct's currency report on EURINR

    Euro recovered from its 3-week low and closed above the 1.10 mark on Friday amid softer dollar. For the day, Euro is expected to hold above the 1.10 and rise towards 1.1080 amid expectation of higher inflation numbers. The higher inflation number could force the ECB to maintain its hawkish stance, which would help the Euro to trim its earlier losses against the dollar. EURINR is expected to weaken find support near 90.20 and move back towards 91.00.

    For all Currency report, click here

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    31072023 - curre

    first published: Jul 31, 2023 11:13 am

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