US MBA mortgage applications w-e 12 May -4.1% vs +2.4% prev

US MBA mortgage data now published 17 May
– 30-year mortgage rate 4.23% as prev
– mortgage purchases index 243.6 vs 250.3 prev
– mortgage market index 398.8 vs 415.7 prev
Softer housing data not going to help current USD-neg sentiment.