Forex Market News

EURINR – Ways2Capital

EURINR trading range for the day is 71.99-72.39. Euro remained supported after IMF and the euro zone’s 19 finance ministers backed a payout of €8.5 billion to Greece in order to a default in July.
However, the IMF said it will not disburse the money until the euro zone details debt relief measures, which are not expected until next year. Eurozone inflation slowed as estimated in May, largely reflecting the slowdown in energy price growth, final data from Eurostat showed.
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