Reuters reports that European bank regulators will outline the methodology of the stress tests tomorrow.

ForexLive hears from reliable sources that regulators will walk into each banks’ vault, shout “B00!”, and if the bank is still standing, will declare the test a success.

AEP calls the stress-tests “toothless”.

That seems good enough for EUR bulls who are testing Fibo resistance at 1.2645.

7-6 eur