Euro depreciates by 0.27% on Thursday's trading - Sushil Finance

Euro depreciated by 0.27 percent in Yesterday's trading session on the back of strength in DX. Further, mixed global market sentiments kept currency under pressure.

In Yesterday's trading session, Euro touched an intraday low of 1.468 and closed at 1.3486 against dollar.

We expect Euro to trade on the positive note on the back of weakness in DX coupled with the rise in risk appetite in the global markets. However, market participants will be cautious ahead of economic data from Euro Zone which may cap sharp upside in the currency.

Source : Equity Bulls

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