Sensex

up-green-arrow

Nifty

up-green-arrow

USDINR

down-red-arrow

GBPINR

down-red-arrow

EURINR

down-red-arrow

Other-Markets

News on Currency markets such as Rupee, Call money etc.

 
Euro consolidates ahead of key data releases
03-Jul-25 13:07Hrs IST

Euro consolidated after hitting four-year high against the US dollar today as market waited for key data for both the currencies. US dollar has been under extreme stress recently. The US central bank could start rate cuts this month after Fed Chair Jerome Powell, asked if July was too soon to consider rate cuts, said he can't say it but that the decision would depend on the economic data. EUR/USD pair moved near 1.1900 mark following this but seems to be stabilizing now. EUR/USD currently quotes at 1.1860, up marginally on the day. On the NSE, EUR/INR futures are trading at 101.03, almost unchanged on the day. Meanwhile, final composite Purchasing Managers' survey from the euro area is due today and US will release all important nonfarm payrolls data for June later on in the evening.

Powered by Capital Market - Live News

Attention Investor :

"Prevent unauthorised transactions in your account ; Update your mobile numbers/email IDs with Us. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day” - Issued in the interest of Investors"

"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."

"No need to issue cheques by investors while subscribing to Equity IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

A Muthoot M George Enterprise