EUR/USD lost a lot of ground on the ongoing Italian crisis and US Dollar strength. Will this continue? The upcoming week features GDP figures and quite a few other indicators. Here is an outlook for the highlights of this week and an updated technical analysis for EUR/USD. Italy insists on its 2.4% budget deficit while the European Commission insists this will not stand. The stand-off continues and the heightened rhetoric weighs on Italian bonds and on the Euro. The European Central Bank left the policy unchanged and conveyed a balanced message: highlighting rising employment and wages, expressing confidence in ... (full story)