EUR/USD continued rising, but was unable to reach the previous highs. Is it about to change direction? Manufacturing and services PMIs, President Draghi’s speech, German ZEW Economic Sentiment and the Ifo Business Climate indicators. Here is an outlook for the market moving events and an updated technical analysis for EUR/USD. Most recent indicators from the old continent haven’t been encouraging: industrial production unexpectedly fell in Germany, France, and in all the euro-zone. Inflation numbers from both core countries have been weak. In the US, politicians reached a budget deal that averts another government ... (full story)