EUR/USD dipped to new lows but eventually closed the week at similar levels to the previous week. While Greece avoided an immediate default, but the release of the aid tranche is still awaiting. Will the Eurogroup approve it now? This isn’t certain. Apart from the Eurogroup meetings, Flash PMI’s, and the German Ifo Business Climate are the highlights of this week. Here is an outlook for the highlights of the week and an updated technical analysis for EUR/USD. Doubts about releasing aid for Greece come due to the public disagreement between the IMF and the EU, as the IMF wants EU governments to accept losses – some ... (full story)