EUR/USD dropped to lower levels in the last full week of the year as the monetary policy divergence was seen once again. Can it break to lower ground during this week of light Christmas trading? Here is an outlook for the highlights of this week and an updated technical analysis for EUR/USD. While Germany saw better manufacturing PMI and business confidence, it is becoming clear that January will see the introduction of outright QE, as another comment pointed to that direction. This weighed on the euro. In the US, a relatively balanced FOMC statement was followed by a hawkish Yellen, which sees rate hikes in 2015 and ... (full story)