They are already writing up the communique for the G20 meeting next week in Pittsburgh. Stimulus must remain in place but exit strategies must be prepared. G20 leaders will coordinate rhetoric on exit strategies and language on the global banking system will be unchanged from the Finance Ministers meeting a week ago.

Interest rates and monetary policy will not be discussed, sources tell Reuters.

Markets are quiet with some late GBP/JPY selling seen this afternoon, traders say. Cable is consolidating at 1.6260 while USD/JPY has dipped to 91.38 from the 91.50 area a short wile ago.