The Euro edged just cautiously higher against the US Dollar this past week. This seemed to be largely a result of broad-based weakness in the Greenback, allowing the single currency to capitalize on a depreciating dollar. What fueled this? It appeared to be markets further pricing in a pivot from the Federal Reserve. Are traders getting ahead of themselves, setting up for disappointment? The Euro-Area economic docket is rather thin in the week ahead, so the focus on EUR will likely depend on external factors. In this case, it might make sense to look at what is going on in the United States. Although, it should be ... (full story)