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US: MBA Mortgage Applications plunge 7.2% on September 5

FXStreet (Łódź) - US Mortgage Applications dropped by 7.2% in the week ending September 5, compared with the 0.2% increase seen the previous week, the Mortgage Bankers Association informed on Wednesday.

GBP/USD extends the recovery

After dipping to the mid-1.6000s, the buying interest turned up and is now lifting the GBP/USD back to levels beyond 1.6100 the figure.
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Nominal wages and domestic demand will help BoJ achieve 2% inflation target – BTMU

The depreciation of the yen was apparently relegated to a secondary role in helping the BoJ to achieve the 2% inflation target, suggested Derek Halpenny, European Head of Global Market Research at BTMU...
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