EUR/USD recovered and rose in range after two weeks of drops, riding on the dollar’s weakness. Is it vulnerable to QE tapering in the US? German ZEW Economic Sentiment, trade balance and inflation data are the highlights of this week. Check out these events and more, on our weekly outlook and an updated technical analysis for EUR/USD. Confidence is on the rise in the Eurozone with Sentix index soaring to plus 6.5 in August from minus 4.9 in July indicating pessimism is entrenched in the euro-area. However despite this positive reading, industrial production data came out worse than expected, declining 1.5% in August. ... (full story)