EURINR is expected to trade lower: Angel Broking



EURINR spot plunged by 0. 84 percent after the ECB announced a gentle tapering of its QE in the recent ECB Monetary Policy Meeting. The committee announced it would reduce the size of its monthly asset purchases come January’ 18, while extending the bond buying through at least September’ 18. EURINR spot is expected to trade lower as markets discount the recent release of ECB Monetary Policy  Statement that was dovish in nature.OUTLOOKEURINR spot is expected to trade lower as markets discount the recent release of ECB Monetary Policy  Statement that was dovish in nature.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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