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EURINR zooms near 91 mark, Euro hits highest in two and half months against Dollar

Published on Jul 11, 2023 16:21

The Euro is staying supported in cautious trades today as focus is shifting to the US inflation numbers. The single currency is holding above 1.1000 mark despite tepid economic cues. The ZEW Indicator of Economic Sentiment for eurozone slightly worsened in July and currently stands at minus 12.2 points. The EURUSD pair still managed to rise and hit a two and half month high of 1.1060 today before moderating a bit. It currently quotes at 1.1050, up marginally on the day. On the NSE, the EURINR futures are trading at 90.78, up 0.25% on the day with the intraday moves taking it near 90.90 mark.

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