EURINR Trading Range For The Day Is 79.87-80.41

EURINR trading range for the day is 79.87-80.41.

Euro recovered on short covering after prices seen pressure as investors bet on the dollar rising because of relatively higher interest rates.

Further concerns about the U.S. exit from an international nuclear deal with Iran also supported the greenback.

Euro zone money markets now price roughly a 75 percent chance of a 10 basis point hike from the European Central Bank by mid-2019.

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