Buy EURINR; target of : 92.40 : July 20, 2023: ICICI Direct

ICICI Direct, Euro is likely to recover its yesterday’s losses amid weakness in dollar. Further sticky inflation numbers could force the ECB to stick to its hawkish monetary policy.

July 20, 2023 / 09:55 IST

Rupee

ICICI Direct's currency report on EURINR

Euro is likely to recover its yesterday’s losses amid weakness in dollar. Further sticky inflation numbers could force the ECB to stick to its hawkish monetary policy. EURUSD is most likely to find support near 1.1180 and move higher towards 1.1250. EURINR may find the support near 91.80 level and rise towards 92.40 level.

For all Currency report, click here

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20072023 - curr

first published: Jul 20, 2023 09:55 am

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