EURINR is expected to trade sideways today: Angel Broking

According to Angel Broking,EURUSD appreciated by 0.38 percent yesterday while EURINR appreciated by 0.29 percent during the same time frame.

EURUSD appreciated by 0.38 percent yesterday while EURINR appreciated by 0.29 percent during the same time frame. Manufacturing PMI from Euro zone came in at 55.1 for June’18 against market expectations of 54.7. Also, trade talks between EU head Jean - Claude Juncker and Donald Trump went well and have likely averted a trade war scenario between the two parties. Markets will be keenly watching the ECB meeting to get clarity about the future policy stance of the central bank.

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


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