EUR/USD failed to recover, and eventually fell to a new 14 month low. Is this the pair set to continue declining? A speech by Mario Draghi, PMIs and an important German survey are the highlights. Here is an outlook on the highlights of this week and an updated technical analysis for EUR/USD, now on lower ground. The first installment of the ECB’s targeted loans (TLTROs) received a lukewarm reception, with a take up of only €82.6 billion. This was below all estimates and suggests that the ECB might have to implement a large ABS program or outright QE. The central bank can be marginally encouraged by an upwards ... (full story)