EUR/USD sits at 1.3575, little changed from North American close Wednesday around 1.3565. The pairing peeked over 1.3600 (1.3608 session high) only to run into ready sellers. Last time we got above 1.3600 I got numerous reports of decent hedge fund sell interest. Sounds like they might still be about, although I have no direct confirmation of such as yet.
Euro zone data due today is rather inconsequential:
09:00 GMT: Euro zone current account for December
10:00 GMT: Euro zone construction output for December
Buy orders 1.3550/60, trailing stops below. Sell orders 1.3610-25, stops through 1.3640
