The British pound appreciated sharply vis-Ã -vis the U.S. dollar today as cable tested offers around the US$ 1.6195 level and was supported around the $1.5915 level. Data released in the U.K. today saw May Nationwide housing prices rise 1.2% and fall 11.3% y/y. Also, May GfK NOP consumer confidence was steady at -27, unchanged from April. Cable bids are cited around the US$ 1.5535 level. The euro appreciated vis-Ã -vis the British pound as the single currency tested offers around the ‚¤0.8800 figure and was supported around the ‚¤0.8705 level.
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