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Last Updated : Jun 12, 2019 11:23 AM IST | Source: Moneycontrol.com

EURINR is expected to appreciate: Angel Broking

According to Angel Broking, U.S. President Donald Trump accused Europe of devaluing the euro zone's single currency in a series of tweets on Tuesday that also targeted U.S. monetary policy with renewed attacks on the U.S. central bank


Angel Broking's currency report on EURINR


U.S. President Donald Trump accused Europe of devaluing the euro zone's single currency in a series of tweets on Tuesday that also targeted U.S. monetary policy with renewed attacks on the U.S. central bank. "The Euro and other currencies are devalued against the dollar, putting the U.S. at a big disadvantage," Trump tweeted without offering any evidence. He also slammed U.S. interest rates for being too high and criticized the U.S. Federal Reserve.


OUTLOOK


EURINR is expected to appreciate in today’s session.


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First Published on Jun 12, 2019 11:23 am
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