Euro/dollar continued lower in a week that saw continued pressure in bond markets and a growing need for serious ECB intervention. The upcoming week consists of 7 events. Here is an outlook for these events, and an updated technical analysis for EUR/USD, now in lower ground. Fresh GDP figures have shown that the recession hasn’t arrived to Europe in Q3 although Italy is hiding its figures. The chances are much higher in Q4 as the debt crisis is spilling into the real economy with bond yields screaming in every country apart from Germany. This isn’t only the prices in secondary markets: bond auctions are reflecting ... (full story)