FXstreet.com (Barcelona) - Euro and Pound have jumped to session highs against the Dollar as U.S. home prices show month on month increases in June, which suggest that the housing slump could be bottoming.

EUR/USD bounce at 1.4250 high has extended to levels above 1.4310 intra-day high, and the Euro has soared to levels above Monday's high at 1.4355.

GBP/USD rose from levels around 1.6400 to hit a fresh intra-day high at 1.6445 shortly after housing data was released.