US: MBA Mortgage Applications fall 4.7% on March 8

The US MBA Mortgage Applications decreased plunged by 4.7% in the week ending March 8, compared with the previuously registered 14.8% rise, the Mortgage Bankers Association reported today.

Mar 13, 2013

US: MBA Mortgage Applications falls -4.7% in March 8 week

Mortgage applications fell -4.7% in the week ending at March 8, according to MBA. Data rose 14.8% in the previous week.

Forex: GBP/USD trading positively at 1.4955/56

The GBP/USD has trended higher Wednesday, after the recent negative attention received via weak indicators in the United Kingdom. After trading in the 1.4841 region (March 12 low), the cross was seen rallying towards 1.4955/56 in these moments, securing an advance of +0.38% during European trading.