EURINR is expected to move sideways: Angel Broking

Angel Broking's currency report on EURINR

EURUSD appreciated by 0.5 percent last week while EURINR depreciated by 0.02 percent the same time frame. The EU preliminary March Consumer Confidence improved by less-than-expected, printing -7.2. The German ZEW survey showed that Economic Sentiment improved by more than expected in March, resulting in -3.6 for the country and at -2.5 for the whole Union, this last recovering from -16.6 in February.

OUTLOOK

EURINR is expected to move sideways in today'ssession.

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Read More First Published on Mar 25, 2019 04:17 pm