● The USD ended the week lower due to weak economic data and indication of no further rate hike by the US FOMC. The Dollar index came down to 103.42 at the end of last week.
● US initial jobless claims fell by 24,000 to 209,000 in the week ending November 18th, dropping sharply from the three-month high in the previous week and well below market expectations of 225,000.
● Japan annual inflation rate rose to 3.3% in October 2023 from 3.0% in the prior month
● US crude oil inventories rose by 8.701 million barrels in the week ending November 17, 2023, following a 3.592 million build in the previous period.
● Eurozone construction output declined by 0.3% year-on-year in September 2023.
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