EUR/USD had another negative week, surrendering to the greenback’s strength but recovering quite nicely at the end of the week. The highlight of the week is clearly the ECB decision. Will Draghi try to push the euro even lower? In addition, we have more PMIs and some German data. Here is an outlook on the highlights of this week and an updated technical analysis for EUR/USD. Euro-zone inflation fell even deeper, to 0.4% in July and this weighs on the euro. On the other hand, unemployment is falling across the continent (11.5%) and consumption is on the rise, at least in core countries. In the US, the excellent GDP ... (full story)