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      US: MBA Mortgage Applications drop 6.4% in Feb-8

      After rising by 3.4% in the week ending at February 1, US MBA Mortgage Applications dropped 6.4% in the Feb-8 week.

      Forex: EUR/USD eyes 1.3500 ahead of G20

      The sentiment circling the euro remains optimistic ahead of the G20 gathering that kicks in tomorrow, as the risk-on mode dominates the session....
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      Forex: USD/JPY calm after retracing losses

      After easing throughout the Asian session to as low as 92.83, the USD/JPY regained the 93.00 handle and shot up above the opening price during the European shift to as high as 93.78. The pair is currently consolidating around 93.60.
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