Euro/dollar ended the week lower in the week that officially saw Greek entering a state of default. The upcoming week consists of meetings discussing the final aid for Greece by the EU and the IMF, an important survey and inflation data. Here is an outlook for the upcoming events and an updated technical analysis for EUR/USD. Greece got 85.8% volunteers and passed the 95% figure using CACs. This put it officially in default according to rating agencies and ISDA. The Eurogroup decided on releasing the funds related to the bond swap but not the whole package. Not yet. On the other side of the Atlantic, another ... (full story)