US MBA's mortgage applications index fell 0.5% in the last week

Details on MBA mortgage applications in the week ending 18 Aug

  • Prior week +0.1%
  • Purchases -1.5% vs -1.5% prior week
  • Refinancing +0.3% vs +1.6% prior week

Dollar is actually giving up some of its gains today, and it's a move that is sweeping across the board.

EURUSD now 1.1793. USDJPY down to 109.28. USDCAD surrendering gains for the day and is now almost unchanged at 1.2567.

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