The purchasing index measures the change in existing home sales in all mortgage applications, fprex the refinance index measures the mortgage refinancing activity in all mortgage applications. While GDP announcements generally conform to expectations, unanticipated changes in this metric can move markets. While Switzerland still exports large amounts of traditional products like chocolate and watches, today more than half of Swiss exports are in mechanical and electrical engineering and chemicals. The ECB President's language will be "hawish" if he is pessimistic about the inflation outlook for the economy. If the figure increases, then the economy is improving, and thus the dollar tends to strengthen. USD MBA Mortgage Applications Gauges demand for mortgage application in the US. Our Websites Data provided by TradeNavigator.

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Forex Strategy Video: Trader Preparation for US 1Q GDP and Other High Profile Event Risk

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