In early trading today, the Euro lost ground across the board on the investor view point that the ECB will take a more aggressive position towards easing monetary pressures, all while inflation in the Euro zone continues to drop back. Versus the U.S. Dollar and the Pound Sterling, the Euro dropped to its lowest price in three weeks, largely due to the ECB policymakers taking on a less hawkish tone. Expectations among investors is that inflation in the Euro zone will be below the ECB’s 2% target, which prompted profit taking on the Euro.