EUR/USD finished its correction and is now at lower ground, below another support line. Here are 5 fresh reasons for the fall. After Trichet was soft on inflation and concerned about the euro’s strength, and after the rumors about Greece leaving the Euro-zone erupted on Friday, we had some significant correction. But that’s over now. EUR/USD dropped under the support line of 1.4282, the lowest since the rate hike in April. What’s new today? Here are 5 reasons: S&P downgrades Greece: No surprise, and rating agencies are often late, but this move is still significant, especially due its strong echoes in the media. ... (full story)