Better than previous mortgage data out earlier from the MBA 11 Jan

  • mortgage applications up +5.8% vs +0.1% prev
  • refinance index 1182.3 vs 1132.00
  • mortgage market index 379.2 vs 358.5
  • MBA purchase index 241.9 vs 228.0
  • 30year mortgage rate 4.32% vs 4.39% prev

Better data for the US housing sector. Not a price changer in its own right but one to add for general assessment.

Meanwhile USDJPY lower at 116.18 after failing into 116.50 and EURUSD 1.0512 after testing 1.0500.

GBPUSD trawling around 1.2125 EURGBP 0.8670