US Existing Home Sales (MoM): 4.92M. Change (MoM) decreases 0.6% in Mar

This afternoon´s institutional wrap see´s focus evenly split between GBP, EUR and JPY today, on a day where markets have kept to tight ranges. The UK downgrade by Fitch, the re-election of Italian President Napolitano and the G20 blind eye to Japanese monetary policy are the top issues of today.