EUR/USD fell to new lows and could not recover as the dollar stormed on and despite no immediate action from the ECB. The central bank is the star of the upcoming week as well with the TLTRO results, alongside other data. Here is an outlook for the highlights of this week and an updated technical analysis for EUR/USD. Draghi did not deliver QE this time, and adopted a “wait and see” approach, with readiness to act early in 2015. However, his support of the idea, the severe cut in forecasts and the fact that these forecasts did not factor the recent fall in oil prices all show that it is probably a matter of time. ... (full story)