Traders report that China has made his presence felt, buying EUR/USD several times below 1.4700 in recent moments. In thin December afternoon trade, they may be able to define the bottom of the range.
Traders note selling from CTA and similar leveraged-type accounts in the 1.4670/80 area should the EUR happen to slip further. 1.4625 is important support below the market, the low posted in early November.
