Back on September 10, European Central Bank President Christine Lagarde was widely expected to talk the Euro down when she held her regular press conference following the decision by the central bank’s Governing Council to leave Eurozone interest rates unchanged, as expected. Instead, she said only that the ECB had discussed the Euro’s appreciation and would monitor the exchange rate carefully. For Euro bulls that was a green light to push EUR/USD back to and above the 1.20 level topped briefly on September 1. Yet, instead, it has dropped back, leaving the pair in a weak state technically and a further fall to the ... (full story)