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US: MBA Mortgage Applications rise to 4.8% in April-12 week

FXstreet.com (Barcelona) - In the week ending at April 12, mortgage applications rose 4.8%, following a 4.5% improvement in the prior month, according to MBA.

Forex: AUD/USD down at 1.0350

The AUD/USD eased from just below the 1.0400 handle during the earliest hours of the day, going as low as 1.0340. Since then, the cross has been holding around 1.0350 and with the upside limited at 1.0370/75. The market hasn't fully retraced yesterday's gains yet, as it needs to reach 1.0336.
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