The Weekly Bottom Line: Higher Rates Abound

U.S. Highlights Pending home sales rose 8.1% in January, however with mortgage rates now back up around 7% this is unlikely to be sustained moving forward. The ISM Manufacturing Index improved for the first time in six months but continued to indicate contraction in the sector. Fed speakers this week noted the upside risk to […] The post The Weekly Bottom Line: Higher Rates Abound appeared first on Action Forex.

The Weekly Bottom Line: Higher Rates Abound

U.S. Highlights Pending home sales rose 8.1% in January, however with mortgage rates now back up around 7% this is unlikely to be sustained moving forward. The ISM Manufacturing Index improved for the first time in six months but continued to indicate contraction in the sector. Fed speakers this week noted the upside risk to […]

The post The Weekly Bottom Line: Higher Rates Abound appeared first on Action Forex.