Tuesday, November 26, 2019

EURINR : Fundamental View : 27.11.2019

EURINR : Fundamental View : 27.11.2019

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* EURINR appreciated by 0.05 percent yesterday while EURINR appreciated by 0.25 percent the same time frame. The meeting minutes suggested a wait-and-see stance that the ECB has taken after the monetary easing announced in September. After all, they have to wait for the effect of the last easing round to show on the economy. There is also a call for unity, which shows how fragmented the governing council is at the moment.

* EURINR is expected to move sideways in today’s session.