Mumbai, July 24 -- Euro eased a bit today, but held near two-week high against the US dollar as markets eyed the upcoming monetary policy decision from the European Central Bank (ECB). The central bank has halved its policy rate from 4% to 2% in last one year. EUR/USD pair is currently quoting at 1.1804, down 0.9% on the day. Meanwhile, the US President Donald Trump has set August 1 as deadline for EU to secure a trade deal though generally speaking the sentiment regarding trade talks has turned positive following the massive trade deal between US and Japan this week. On the NSE, EUR/INR futures are quoting at 101.84, up 0.20% on the day after testing a low near 101.50 mark.
Published by HT Digital Content Services with permission from C...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.