Forex Market News

EURINR Trading Range For The Day Is 69.98-70.56

Euro remained under pressure as ECB chief Draghi said it was too early to remove monetary stimulus.Euro zone unemployment is higher than official data suggest, continuing to keep wage growth muted, a European Central Bank study showed. The current very substantial degree of monetary accommodation is still needed for underlying inflation pressures to build up and support inflation in the medium term.
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