EUR/USD - 1.2886.. Euro has been dragged lower by intra-day sales of eur/yen n eur/gbp as renewed risk aversion activities are apparent in Asia as investors purchased yen partly due to speculation stress-test results on Friday will show some European banks may require funds to cope with possible loan losses. Despite y'day's rebound fm 1.2839 on rumour Asian name (probably the same party which sold at 1.3029) had left bids at $1.2840/20. Offers are 1.2900-20 are capping euro's upside. Later today, Fed Chairman Bernanke will give his semi-annual report to the Senate Banking Committee n to the House Financial Services Committee Thursday. The market awaits Wed's testimony on monetary policy n the U.S. economy, traders will dissect his statement for clues on the Fed's outlook for U.S. growth which may offer guidance on whether an eventual tightening of monetary policy will occur or not.