US MBA Mortgage Applications increase to 1.8% in Apr 26 from 0.2%

May 1, 2013

US: MBA Mortgage Applications rose 1.8% in April-26 week

Mortgage applications in the US have risen 1.8% in the week ending at April 26, following a 0.2% improvement in the prior week.

Forex: EUR/USD climbs above 1.3200

The shared currency is extending its correction higher on Wednesday, leaving behind the key resistance at 1.3200, as market participants remain biased towards the riskier assets...