EUR/USD rode on the dollar weakness and reached higher ground. Can this strength continue? German Consumer Sentiment, inflation and employment data all precede the all-important rate decision and the accompanying “Draghi show”. Here is an outlook on the main market movers and an updated technical analysis for EUR/USD, now on higher ground. Last week PMI releases in the Eurozone continued on a positive note, German Ifo Business Climate advanced further, in line with market expectations, climbing to 106.2. Spain’s unemployment rate posted an unexpected decline down to 26.3%. All these encouraging releases raise hope ... (full story)