Should pass, says parliament budget chief. If it fails, look for some EUR weakness owing to concerns to western European banking exposures and fears of a domino effect.
A few oither tidbits: Traders note good selling of cable from German names in the last few minutes.
There is also talk of large bids in the 1.5050 area in EUR/CHF as traders expect the SNB to keep a floor under that pair as it wards off CHF strength to give Swiss exporters a chance.
