The currency showed little reaction to warnings from Prime Minister David Cameron and finance minister George Osborne that a vote to leave the EU could push Britain into a year-long recession and cost at least half a million jobs. David Cameron said yesterday that "leaving the European Union would be economic self-destruction for Britain, shattering stability" having presented a finance ministry report warning of recession, a tumble in the pound, and half a million job losses. Cameron and Osborne have also warned that households would be hurt by a fall in the value of their homes and face expensive foreign holidays if they voted "Out".
10:00 - GBP: UK Inflation Report Hearings
15:00- USD: New Home Sales (MoM) (Apr) Expected to rise to 0.523M from 0.511M