EURINR : Fundamental View : 09.12.2019
* EURINR appreciated by 0.8 percent last week while EURINR depreciated by 0.22 percent the same time frame.
* Christine Lagarde said the European Central Bank will be “resolute” in restoring euro-zone price stability under her presidency, while stressing that an upcoming strategy review will be wide-ranging,
including climate change as well as inflation. ECB will continue to hold its stance of an accommodative monetary policy which has been a key driver for demand recovery.
* EURINR is expected to appreciate in today’s session.
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* Christine Lagarde said the European Central Bank will be “resolute” in restoring euro-zone price stability under her presidency, while stressing that an upcoming strategy review will be wide-ranging,
including climate change as well as inflation. ECB will continue to hold its stance of an accommodative monetary policy which has been a key driver for demand recovery.
* EURINR is expected to appreciate in today’s session.