USD
US New home sales are once again expected to rise. This time they are expected to rise from 511k to 521k. The pound has fallen back from the highs as investors and brokers are taking profits from the highs that have been seen, hence the rates pushing up and then falling all the way back off within a few days.
GBP
Today’s questions from the Treasury Select Committee for Bank of England Governor Mark Carney and his MPC colleagues Broadbent, Weale and Vlieghe regarding the most recent inflation report will be scrutinized for any risks that may come with the UK referendum. UK data to be released today is the Public Finances, although these will only gain limited interest as it is so early into the financial year.
EUR
German Gross Domestic Product has already been released this morning and there was no change from the previous release . German imports did improve but fell slightly short of the expected release seeing pounds to euros rate increase marginally.
GBPEUR 1.3050
GBPUSD 1.4575
EURUSD 1.1185