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EUR/USD Outlook January 9-13 2012
Euro/dollar dropped sharply as fears around banks and sovereigns intensified in the euro year. Where will it stop? The highlight of this week is the rate decision by the ECB. Here is an outlook for the upcoming events, and an updated technical analysis for EUR/USD. Troubles in Unicredit, rumors about issues at Deutsche Bank and the anticipation for a downgrade of France all weigh on the euro, in addition to weak economic figures from all over the continent. Is Draghi ready for QE?On the other side of the Atlantic, the US continues seeing growth in jobs and a drop in unemployment. EUR/USD daily graph with support and ... (full story)
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