Mumbai, Nov. 6 -- EUR/USD is seen recovering from a three month low on Thursday in line with a pullback in dollar overseas. Improving risk sentiment and prolonged US government shutdown is seen dragging the dollar index under 100 mark. The DXY however hold around a five-month high alongside elevated US benchmark treasury yields. EURUSD is currently seen trading at $1.1535, up 0.20% on the day. Meanwhile, data from Euro zone docket showed retail sales declined for the second straight month in September. Retail sales logged a decline of 0.1 percent on a monthly basis in September, the same as in August. Year-on-year, retail sales growth moderated to 1.0 percent from 1.6 percent in August. On the NSE, EUR/INR futures are staying flat at 102....
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.