The rush to hoard U.S. dollars versus the euro may suggest a correction is possible before key events unfold on December 3-4. Yet, positioning, charts and options continue to argue that any recovery in the euro may prove short-lived, Bloomberg strategist Vassilis Karamanis writes. On December 3, Federal Reserve Chair Janet Yellen testifies before the Joint Economic Committee of the U.S. Congress while the European Central Bank may announce further monetary stimulus that same day. On December 4, the next U.S. employment report is due. With some ECB members, including Executive Board member Sabine Lautenschlaeger, ... (full story)