EUR/USD is down at 1.4485 having earlier posted session high 1.4516. A Swiss name (not the BIS), infact a Swiss private bank, was a notable seller above 1.4500.
Talk of small stops through 1.4470, bigger through 1.4450.
German 2009 GDP -5.0% y/y according to the statistics office, worse than median forecast of -4.8%, and this will have helped deflate euro somewhat.
