US: Mortgage applications recovered last week

FXstreet.com (Córdoba) - Applications for mortgages rose 1% in the week ending Dec 6, the Mortgage Bankers Association said Wednesday.

This reading comes after a 12.8% drop the previous week.

GBP/USD breaks below 1.6400

The GBP/USD extended weakness during the European session and broke below the 1.6400 mark as the pair corrects recent gains.
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EUR/GBP rises to 3-week high

The EUR/GBP broke above 0.8400 and reached a 3-week peak as the pound continues to weaken across the board.
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