The euro depreciated vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.3355 level and was capped around the $1.3495 level.  The common currency fell significantly on new concerns about Greece's fiscal condition.  A report suggested Greece may try to bypass the International Monetary Fund's involvement in financial assistance to the country because the conditions may be too tight.  Greek finance minister Papaconstantinou denied the report and said the country has never sought to exclude the IMF from the rescue package.  Greece needs to borrow about €42 billion in 2010 and this may include as much as US$ 10 billion in U.S. dollar bonds.  IMF officials are expected to meet with Greek officials again this week.  In another report, there is talk that Greek investors and corporations are moving assets outside of Greece for asset protection purposes.  This is the latest chapter in the Greek saga and it is likely not the last.  Some dealers have suggested Greece's woes are analogous to AIG's and have compared the situations involving Portugal and Spain to Lehman's troubles, in reference to the U.S. investment banking giant that was not bailed out.  Data released in the eurozone today saw the April Sentix investor confidence index print at +2.5, up from the prior reading of -7.2.  EMU-16 March PMI data will be released tomorrow.  In U.S. news, minutes from the Federal Open Market Committee's March meeting were released today and they reported While recent data pointed to a noticeable pickup in the pace of consumer spending during the first quarter, participants agreed that household spending going forward was likely to remain constrained by weak labor market conditions, lower housing wealth, tight credit, and modest income growth.  The minutes also revealed Participants saw recent inflation readings as suggesting a slightly greater deceleration in consumer prices than had been expected. A number of participants observed that moderation in price changes was widespread across many categories of spending. Most dealers believe the Fed will wait to raise its benchmark federal funds target rate for several months because they want to see if consumer prices are more inflationary or deflationary and they will want to see ongoing improvements in the U.S. labour market.  It was reported on Friday that March non-farm payrolls expanded at their highest rate in three years. Minneapolis Fed President Kocherlakota today said he supports the gradual sale of mortgage-backed securities. The Fed last week ended a massive US$ 1.25 trillion MBS-buying program that provided liquidity to the financial system.  Euro bids are cited around the US$ 1.3175 level.