EUR/USD was on the back foot, as the euro gave a fight but eventually surrendered to the dollar. The ZEW Economic Sentiment, Flash Manufacturing and Services PMIs and the Spanish unemployment are the highlights of this week. Here is an outlook on the major events and an updated technical analysis for EUR/USD. Eurozone CPI was confirmed at low levels, raising the pressure on the ECB. The central bank aims to keep inflation below but close to 2% is not concerned about deflation, but is talking about it more than ever. In the US, inflation seems somewhat more solid, and with the help of OK retail sales as well as a ... (full story)