According to Angel Broking, EURUSD depreciated by 1.88 percent while EURINR appreciated by 1.02 percent during the same time frame.
Angel Broking's currency report on EURINR
EURUSD depreciated by 1.88 percent while EURINR appreciated by 1.02 percent during the same time frame. In the recently concluded ECB meeting Mario Draghi decided that the central bank will shut its bond buyback program by the end of the year but in a balanced announcement reflecting the uncertainties hanging over the economy. Meanwhile German economic sentiment data came in at - 16.1 for June’18 against market expectations of - 14.6.
OUTLOOKEURINR is expected to appreciate in today’s session.
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