EURINR FUTURES HIT HIGHS ABOVE 92 IN INTRADAY MOVES

Published on Dec 27, 2023 15:00

Euro is holding around 1.1090 against the US dollar, consolidating at its four and half month high. The single currency has been well supported recently and is up around 4.60% in the current quarter. The data calendar is very light this week and US dollar index continues to reel near five month low, hovering around 101 mark. Continued risk appetite in global asset markets is capping upside for the dollar index and Euro is keeping up the recent gains. On the NSE, the EURINR futures for January 2024 are quoting at 91.70, up 0.51% on the day after hitting a high above 92 mark.