Mumbai, Nov. 5 -- Euro edged up today, adding to recent gains as the currency moved up from lowest in one and half years. A swift surge in risk appetite following the Democratic party's win in the US midterm election is pulling pressure on the US dollar index. Meanwhile, the annual inflation rate in the Eurozone is expected to reach 4% in October, rising from 3.8% registered in September. This supported the Euro as markets eyed the near-term Eurozone monetary policy trajectory. EUR/USD pair is currently up 0.32% at 1.1279, approaching one-month high. On NSE, EUR/INR futures are quoting at 106.87, up marginally on the day after falling near 108.80 mark.

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