German December seasonally adjusted jobless total has come in at -3k, better than median forecast of +5k. Unemployment rate steady at 8.1%, as expected. Total jobless now 3.421 mln.

EUR/USD sits at 1.4415. Technical support next at 1.4400/05. Talk of stops just below 1.4400. Russia and real money accounts said to have been buying around current levels lending some support.