Pound slips versus Yen as PMI data weaken; GBP/JPY near 213.40, markets await UK sales, Japan CPI.
Oil prices slipped as Iran deal hopes rose, despite record US inventory draws and strong exports.
US dollar firms as yields rise; Fed minutes hint tightening, but inflation forecast tempers hikes; risk appetite limits gains.
Eurozone PMI drops signal weak Q2 growth, but rising input costs strain ECB; June hike likely, energy risks.
GBP/USD steadies near 1.3440 as weak UK PMI dents sterling and traders trim BoE hike expectations.
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.
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