Recent data releases indicateĀ a decline in the economic performance of the United States responded by pro-Japanese Yen investors at the trading pair USD/JPY.
The decline in performance on the U.S. housing sector led to the strengthening of the movement of the Japanese Yen this evening (24-02) and the pair USD / JPY was at 89.95 range.
Mortgage Bankers Association today announced that the latest releases index of mortgage applications decreased by 8.5%. This shows the decline in demand for loans to purchase homes during tinmgga consecutive weeks.
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