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EUR/USD Outlook July 16-20
Euro/dollar suffered from another weak week, falling to levels last seen in over 2 years. An important German survey is the highlight this week, as headlines from the debt crisis continue dominating the scene. Here is an outlook for the upcoming events and an updated technical analysis for EUR/USD. While euro-zone finance ministers did make some progress in providing aid for Spain, there is still much to be desired. Legal issues in Germany could delay the usage of bailout funds forever. Spain showed everyone that the bank bailout doesn’t really skip the sovereign, and announced a huge austerity program. However, ... (full story)
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