|As on 30-Apr-2015 13:50:00|
The Euro is recovering well after steep losses in the last 3-4 months. Recovery of the Euro is positive for global economy as it indicates release of some hoarding pressure from the US Dollar, and willingness of investors to move back into other currencies. Good upside visible in the Euro even after the recent rally. EUR-USD target 1.22 and EUR-INR target 74.