The Greeks announced the cancellation of a bank stress test today, saying they are too close to the EU-wide stress tests from July.
The market is taking a dim view of the cancellation, assuming the Greek banks have plenty to hide…
EUR/USD has eased as low as 1.3029 so far and now trades at 1.3033.
For you AUD/USD fans, bankers tell us that stops are building below the 0.9425.