USD/JPY hovers near 159 amid intervention fears; falling yields and oil bolster yen, trade surplus lifts BOJ hopes.
US initial jobless claims fell to 209K, below forecasts; dollar firmer as labor data guides Fed policy.
US continuing jobless claims fell to 1.782 million in week ending 8 May, beating 1.79 million forecast.
US building permits rose to 1.442M in April, beating the 1.39M forecast by 0.052M month-on-month.
U.S. housing starts climbed to 1.465 million in April, beating the 1.41 million forecast, month-over-month.
US four-week average initial jobless claims fell to 202.5K in week ending May 15, down 1.25K.
Pound and gilts rebounded as inflation worries eased; Burnham backs fiscal rules; BoE hike expectations delayed. Risks remain.
Australian Dollar slips to 0.7130 as risk-off sentiment and weak April jobs data pressure markets.
Gold trades flat within weekly range; dollar eases on Iran talks. PMI data, technical levels guide XAU/USD.
Rupee strengthens as RBI support and lower oil prices push USD/INR down; yields ease, FIIs sell.
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