According to the WSJ US banks will be briefed by regulators on Friday on how they have performed in the “stress tests”. The cynic in me sees that as a nice opportunity for them to make money trading stock futures. May be a market to avoid on Friday.
It has certainly been a very lacklustre couple of days in Eur/Usd with any attempts to veer away from the 1.2950 area meeting strong resistance both sides.
