Euro weakened slightly versus the Dollar after ECB left the Interest Rate at a record low of 1%. The Euro gained for most of the session before the Interest Rate announcement but remarks from ECB's President Trichet, that recovery will be bumpy caused the Euro to erase its gains. Overall EUR/USD traded with a low of 1.4235 and a high of 1.4346. Today, ECB President Trichet speaks and his comments may determine a short-term positive or negative trend. The Italian Trade Balance is expected at 0.93B vs. 1.19B previously.