EUR/USD managed to stage a recovery of sorts, as the greenback did not shine. As we enter the last month of the year, the key event this week is clearly the ECB rate decision. Here is an outlook on the highlights of this week and an updated technical analysis for EUR/USD. Germany’s IFO business confidence bounced back up after long months of decline, joining the ZEW number. While German inflation dropped to new lows, the figure for all the euro-zone did not fall below 0.3% expected. In the US, GDP was surprisingly revised to the upside, but the components left some doubts and consumer confidence disappointed. The big ... (full story)