Euro/dollar made impressive gains as the prospects for a Spanish solution rose once again. Can we expect a surge now? Or will optimism prevail? A major German survey and an important Italian bond auction among other events will close the month, as eyes remain on Spain and also on Greece. Here is an outlook for the upcoming events and an updated technical analysis for EUR/USD. Optimism began with a report about potential details of ECB bond buys and significantly strengthened as one German ECB member, Asmussen, backed the ECB’s bond buying ideas. As he is close to Merkel, this is practically a German approval. The ... (full story)