According to Angel Broking, EURUSD depreciated by 0.69 percent while EURINR appreciated by 0.16 percent during the same time frame.
Angel Broking's currency report on EURINR
EURUSD depreciated by 0.69 percent while EURINR appreciated by 0.16 percent during the same time frame. ECB governor Mario Draghi said that inflation has remained subdued in the Eurozone suggested that bond buyback could be extended. German CPI m/m came in line with market expectations of 0.5% for Jan’ 18. Spanish CPI came in at 1.1% against market expectations of 0.9% in Jan’ 18.
OUTLOOK
EURINR is expected to appreciate in the coming session.
Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
Read More
