Latest US MBA mortgage data brings a mixed bag as we wait on FOMC Minutes

US MBA mortgage data out earlier  offers no real clues 24 May
W-E 19 May:
– mortgage market index (applications) +4.4% at 416.2
– purchase index -0.8% at 241.6
Meanwhile USDJPY steady around 111.80 after the retreat from 112.05. Likewise GBPUSD at 1.2968