EURINR is expected to trade lower: Angel Broking

Euro traded lower by 0. 70 percent (EURUSD) and 0. 62 percent (EURINR) yesterday as the ongoing discussion over Greece’s bailout program has kept the markets on a risk on mode. Athens agreed on Monday to implement further reforms as demanded by its internal creditors that will take effect from the start of 2019, after the country's current third bailout has ended. However, Greece's government has asked Germany to drop what it described as "irrational" budget demands in the country's bailout program. Due to all the above factors, EURINR spot is expected to trade lower in today’s trading session.

EURINR spot is expected to trade lower in today’s trading session.