EUR/USD is edging higher as the markets wind down for Christmas. However, despite the holiday cheer, there are serious issues weighing on market sentiment, notably the continuing fiscal cliff crisis and the resignation of Italian Prime Minister Mario Monti. The final trading week of the year is usually characterized by thin trading, and there are no scheduled releases out of the Europe or the US until Wednesday. EUR/USD Technical Asian session: Euro/dollar was steady, and consolidated around 1.3190. The pair has crossed above 1.32 in the European session. Current range: 1.3180 to 1.3240. Further levels in both ... (full story)