Euro/dollar was struggling before the holidays. The upcoming week, between Christmas and New Years Eve, is very light in terms of events and volume. Here is an outlook for the upcoming events, and an updated technical analysis for EUR/USD.
The ECB weighed in with its massive loans to the banks: more than 500 European banks took loans that reached around 489 billion euros. The optimism from this large operation was short-lived. Peripheral bonds cannot really calm down without direct buying from the ECB.
Read the rest of the article [B][I][URL="http://www.forexcrunch.com/eurusd-outlook-december-26-30/"]EUR/USD Outlook December 26-30[/URL][/I][/B]
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