The Euro traded on a flat note yesterday on the back of strength in the DX. Further, weak market sentiments in later part of the trade exerted downside pressure on the currency.
However, less volatility was observed as European markets were closed yesterday on the eve of Labor Day Holiday. The Euro touched an intra-day low of 1.386 and closed at 1.3869 on Thursday.
In today’s trade, the Euro is expected to trade on a mixed note on the back of strength in the DX coupled with mixed market sentiments will exert downside pressure in the currency. While on the other hand, forecast for optimistic economic data from the region will act as a positive factor.
www.punjiniveshonline.com
www.punjiniveshonline.com
However, less volatility was observed as European markets were closed yesterday on the eve of Labor Day Holiday. The Euro touched an intra-day low of 1.386 and closed at 1.3869 on Thursday.
In today’s trade, the Euro is expected to trade on a mixed note on the back of strength in the DX coupled with mixed market sentiments will exert downside pressure in the currency. While on the other hand, forecast for optimistic economic data from the region will act as a positive factor.
www.punjiniveshonline.com
www.punjiniveshonline.com
The Euro traded on a flat note yesterday on the back of strength in the DX. Further, weak market sentiments in later part of the trade exerted downside pressure on the currency.
However, less volatility was observed as European markets were closed yesterday on the eve of Labor Day Holiday. The Euro touched an intra-day low of 1.386 and closed at 1.3869 on Thursday.
In today’s trade, the Euro is expected to trade on a mixed note on the back of strength in the DX coupled with mixed market sentiments will exert downside pressure in the currency. While on the other hand, forecast for optimistic economic data from the region will act as a positive factor.
www.punjiniveshonline.com
www.punjiniveshonline.com
However, less volatility was observed as European markets were closed yesterday on the eve of Labor Day Holiday. The Euro touched an intra-day low of 1.386 and closed at 1.3869 on Thursday.
In today’s trade, the Euro is expected to trade on a mixed note on the back of strength in the DX coupled with mixed market sentiments will exert downside pressure in the currency. While on the other hand, forecast for optimistic economic data from the region will act as a positive factor.
www.punjiniveshonline.com
www.punjiniveshonline.com
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