US MBA mortgage market index w-e 27 Jan 384.7 vs 397.4 prev

US MBA mortgage report now out 1 Feb

• 30 year mortgage rate up 4bps to 4.39%


• refinancing index 1248.4 vs 1265.6 prev


• mortgage applications -3.2% vs +4.0% prev


• mortgage purchase index  229.6 vs 243.2

A soggy report but not an immediate price changer. Food for FOMC thought though.

USD generally still softer but finding a buyers as I type. GBPUSD running into offers around 1.2650 after a decent GBP/JPY-led rally.

AUDUSD had a look at 0.7600 but failed to break through while USDJPY has found support around 113.20.

US MBA mortgage market index w-e 27 Jan 384.7 vs 397.4 prev
US MBA mortgage market index w-e 27 Jan 384.7 vs 397.4 prev
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