The Irish Govt says it will consider applications to join its deposit guarantee scheme from foreign banks with a significant retail presence in Ireland. From my many visits to the Emerald Isle I’d have to guess this isn’t going to amount to many foreign institutions at all, and I’d be surprised if this threw E.U. regulators off the scent. Should be interesting to see how this plays out. EUR/USD has slipped in late afternoon trade, presently around 1.4015.