EUR/USD: Modest Drift Higher; 1.3170/75

EUR/USD is making a modest comeback, bouncing from lows near 1.3140/43. Offers lie in the 1.3170/75 area but small stops are seen toward 1.3180, just above the hourly downtrend in place from the 1.3215 highs in Europe. The market remains flow-driven as speculative interest is kept to a minimum as year-end approaches. EUR/USD trades at 1.3160. Support lies at 1.3130/40.