EUR/USD advanced for a fourth consecutive week and is at a 4 month high, riding on the dollar’s weakness. Will the pair make a correction or continue advancing steadily? German ZEW Economic Sentiment and Flash PMI figures will provide insights about the direction of the euro-zone economies, and are the main events of the week. Here is an outlook for the week’s events and an updated technical analysis for EUR/USD. The discussions in the German constitutional court about the legality of the OMT backstop mechanism didn’t manage to undermine the euro. Also inflation numbers, which remain weak but do not point to ... (full story)