No real respite for EUR/USD, presently down around 1.4335. Later this week we have the ECB rate decision on Tursday, and market expectations are for steady policy with rates staying at 4.25%. This despite growing signs of economic weakness within the euro-zone, and despite the travails of European financial institutions like Fortis and Hypo Real Estate. The aforementioned are two of the main driving factors (together with the U.S. rescue plan on the way to being passed) which are pushing EUR/USD lower. From a purely technical standpoint, 1.4260 is being touted as a possible target level.