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US: MBA Mortgage Applications rise 14.8% in March-1 week

In the week ending at March 1, mortgage applications have risen by 14.8%, according to MBA. The US data had dropped -3.8% in the week before.

Forex: EUR/USD bouncing off lows, around 1.3040/45

The bloc currency is picking up pace on Wednesday, climbing back to the 1.3040/45 region after dipping to the boundaries of 1.3020 ahead of the ADP Employment report in the US economy. Market consensus...
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Euro at the crossroads

The single currency is netting no variation in the current week so far, following four consecutives weekly declines since February’s high above 1.3700 before falling as low as 1.2966 on March 1st...
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