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US: MBA Mortgage Applications rose 5.0%

FXstreet.com (Barcelona) - The Mortgage Bankers Association has informed that US citizens that applied for mortgage loans rose 5.0% in the week ended on June 7, reverting the sharp drop of 11.5% seen in the previous week.

GBP/USD continues to pare gains to 1.5654/57

The GBP/USD foreign exchange has been devoid of any sweeping movements Wednesday, instead gradually inching lower off earlier highs at 1.5685 during European trading.
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