Latest MBA weekly report now out.
- mortgage market index +10% to 520.2
- refinancing index +11.3% to 2122.0
- 39 year mortgage rate down -0.4 % to 3.82%
Better beat to the US mortgage data here with softer rates encouraging greater activiity
EURUSD clinging on to 1.1300 by its fingernails. USDJPY back up above 109.20. GBPUSD up to 1.4252 as EURGBP continues to fall to test 0.7925-30 support.