Reuters reports that German banking regulators are lobbying for European stress tests not to be overly stringent. The stress test results are said to be published in June, according tot he report…
Looks like the notion of “extend and pretend” is alive and well in Europe…
EUR/USD traded quietly in the middle of its NY range…
Asian central banks are rumored buyers on dips to 1.3470/75. The BIS was a rumored seller above 1.3525.
