EUR/USD was pressured lower once again, as ECB members released dovish comments. And now, it is money time, with the ECB decision preceded by the all important inflation numbers. Is the ECB ready to act? Here is an outlook on the highlights of this week and an updated technical analysis for EUR/USD. Various members of the European Central Bank expressed more dovish comments than usual. Standing out were Jozef Makuch who said that there is “growing readiness to act” regarding deflation and Jens Weidmann of the Bundesbank, who did not rule out QE. In addition, the euro was hurt by weaker German business confidence and ... (full story)