25.05.07 open

Slight appreciation of USD on back of strong housing market numbers
The much awaited German IFO report came in line with expectations saving the EUR/USD from a thrashing in line with strong housing numbers from the USD market. The prospect of another rate hike by Euroland has kept the currency steady. CHF employment numbers came strong. The numbers point to Eurolands economic resilience.
Elsewhere, US housing numbers came strong, with domestic homebuyers making the single biggest purchase this month since 1993.
EUR 1.343
JPY 121.39
GBP 1.9849
CHF 1.2271
AUD 0.818
CAD 1.0859
NZD 0.7245
EUR/GBP 0.6768
EUR/JPY 162.97