EUR/USD peaked at 1.34 and began descending, ending the week in lower ground. Comments about the euro’s strength and worries about Germany hurt the common currency. Two key German surveys and the Flash PMIs are the highlights of this week. Here is an outlook on the main market-movers this week. “The exchange rate of the euro is dangerously high” said Jean-Claude Junkcer. This began a debate about the rates and pushed the euro lower. The Euro zone disappointed with weak industrial data, the euro-zone contracted 0.3% In addition, Germany reported a drop in GDP for Q4 and forecasts for 2013 were lowered. Will the ... (full story)