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Dollar Rises Further Following Economic Reports

The U.S. weekly jobless claims for the week ended May 11, housing starts and building permits for April have been released at 8:30 am ET Wednesday. After these data, the greenback advanced further against its major counterparts.

The greenback was trading at 109.75 against the yen, 1.0093 against the franc, 1.1202 against the euro and 1.2810 against the pound around 8:33 am ET.

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