EUR/USD has seen good demand from medium-term accounts today, presumably on the assumption that a US bailout will be costly. Despite that buying, EUR/USD has come under fresh pressure as shorter-term accounts liquidate longs. The euro was unable to sustain gains despite awful US housing, durable goods orders and jobless claims which has prompted some to dump positions as they slipped under water. Markets remain thin as dealers wait for the final package to take form in Washington.