Maybe the Easter Bunny will bring a solid retail sales report to the US the way he did in the UK. Sales are expected flat in April after dropping a percent in March.

EUR/USD is recovering from a dip to 1.3605, now at 1.3635. Small stops were triggered below the 1.3630 level a short while ago. Longs are disappointed that prices dipped below levels where an Asian central bank was an overnight buyer. Support is at 1.3585 and again at 1.3555/65; Large stops lie below 1.3550.