EUR/USD lost ground for another week and reached levels last seen in November 2013. Will it continue lower? Inflation numbers stand out among the wide list of releases due. Here is an outlook on the highlights of this week and an updated technical analysis for EUR/USD. Eurozone PMIs improved in June and the unemployment rate in Spain dropped below 25% for the first time in almost two years. However, German business confidence dropped and triggered worries. In the US, worries came from weak sales of new homes, but the drop of jobless claims to an 8 year low had the upper hand and certainly supported the greenback. ... (full story)