Last Updated : Jan 18, 2019 11:21 AM IST | Source: Moneycontrol.com

EURINR is expected to trade sideways: Angel Broking

According to Angel Broking, EURUSD depreciated by 0.02 percent yesterday while EURINR appreciated by 0.0 6 percent the same time frame.

Angel Broking's currency report on EURINR

EURUSD depreciated by 0.02 percent yesterday while EURINR appreciated by 0.0 6 percent the same time frame. UK MP’s rejected the Brexit deal yesterday by a massive 423 to 202 votes against the government. The EU and European governments warned Tuesday that the British parliament's rejection of a Brexit deal heightened the risk of a disorderly withdrawal from the bloc. Meanwhile, CPI from Germany came in line with market expectations at 0.1 percent for Dec’18.

OUTLOOK

EURINR is expected to trade sideways in today’s session.

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