The most popular question I have received over the weekend is easily: “What is the euro going to do next week?” Traders don’t predict however forecasting potential events is part of the job. So let’s look at some possible scenarios. Fundamentally and I should say from my viewpoint the psychology surrounding the fundamentals are firmly negative and the tone of the entire Eurozone (EZ) crisis has shifted politically. I think first and foremost German Chancellor Angela Merkel has lost a lot of support and the German people are fed up with paying the bill for Greece. This along with the fact that the recent German court ... (full story)