Euro/dollar couldn’t really recover from the recent fall and eventually close a bit lower as Spanish worries intensified. Will it make a bigger break out of range? Two major German surveys are the highlights awaiting us. Here is an outlook for the upcoming events and an updated technical analysis for EUR/USD. Spain is under growing pressure from all sides: EU inspectors landed in Madrid, Italian officials aren’t too kind and most importantly, the markets are sending Spanish yields higher. The ECB has already hinted about reigniting the bond buying scheme, but may forced to introduce LTRO 3. Also in the US, things ... (full story)