The dollar was steady on Monday as traders looked ahead to fresh clues on the U.S. inflation path that will likely influence interest rates, while talk from Japanese authorities did little to temper the yen's decline back the round number of 160.
Initial applications for US unemployment benefits pulled back from a 10-month high last week, in data that tend to be volatile around holidays and school breaks.
Asian hedge funds led global gains in May and the first five months, as bullish sentiment towards regional equities and winning positions in China boosted performance.
British consumer sentiment rose to a two-and-a-half year high this month, as households' improved assessment of the broader economy outweighed greater concerns about their personal finances, a survey showed on Friday.
Traders upped bets for a Bank of England rate cut in August, helping to underpin a pre-election rally for UK stocks and government bonds even though the central bank left rates on hold at a 16-year high on Thursday.
