EUR/USD had an exciting week, taking a dive only to close the week higher. German retail sales, French consumer spending and the Euro-area Unemployment Rate are the main market movers this week. Here is an outlook for these events among others, and an updated technical analysis for EUR/USD. Rumors about an imminent negative deposit rate of 0.1% hurt the euro, and the clear denial helped it recover quickly. Last week, Markit’s Eurozone Services Purchasing Managers’ Index was released, showing the Euro-zone private sector recovery unexpectedly weakened in November as French figures pulled them down. Germany still shows ... (full story)