EURINR Intraday Outlook : 31.3.2017
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
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EUR-USD losses accelerated on the move under the earlier N.Y. low of 1.0722, trading now to a base of 1.0685. This is the lowest since March 15. Dovish leaning ECB speak yesterday has weighed, along with widened Treasury/Bund spreads in favor of the dollar, with the 10-year moving out 4 basis points to 206 this morning. German and Spanish consumer price data released on Thursday showed inflation slowed more sharply than expected in March as oil prices slumped, offering some respite to the European Central Bank as it faces pressure to wind down its monetary stimulus. Economic calender for the Euro has German Retail sales and Unemployment change along with the CPI data from the EZ.