Euro/dollar staged a very impressive recovery on fresh hopes and promises. Will this continue? There are too many doubts. Two major German surveys are the highlights of this week. Here is an outlook for the market moving events, and an updated technical analysis for EUR/USD. Merkel and Sarkozy promised to get serious. Plans for bank recapitalization and a comprehensive solution for the debt crisis are reportedly on the way and these promises were enough to boost the euro for now. But, banks remain worried as big Greek haircuts are on the cards, up to 60%. When will we get full answers? Probably within the next three ... (full story)