Forex Market News

EURINR – Ways2Capital

EURINR trading range for the day is 70.34-71.44. Euro remained supported as the dollar struggled to gain traction in the wake of a surprisingly soft U.S. manufacturing report.
The euro zone’s economy grew in line with preliminary estimates in the first three months of the year, underlining optimism over the health of the region’s economy. Investors are now focusing on when and how the ECB could scale back its quantitative easing given the recent strength in the euro zone economy.
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