U.S. Dollar Index Higher, Mortgage Applications Slip

The December U.S. Dollar Index is trading at 97.81, up 0.12. The U.S. Dollar Index is trading at the session highs. Market talk about recent comments from Federal Reserve members and global headline news is making the rounds. The Mortgage Bankers Association (MBA) reported that mortgage applications declined by 6 percent during the week ending October 7th. Refinancing applications fell 8 percent and applications to purchase a home slipped by 2.6 percent.