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EUR/USD Outlook Apr. 30 – May 4

From forexcrunch.com

Euro/dollar remains in range, as fears on both sides of the pond increased but remained balanced. With the narrowing channel closing on the pair, perhaps we . The main event of this busy week is the rate decision by the ECB, which will come after inflation and employment figures. Here is an outlook for the upcoming events and an updated technical analysis for EUR/USD. The spotlight on Spain becomes stronger: S&P cut their credit rating and almost every 1 in 4 Spaniards is unemployed. Purchasing managers’ indices have shown that the situation is serious in Europe, as have other indicators across the continent. US ... (full story)

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