US initial jobless claims fell to 191,000 for the week ending November 29, coming in significantly below the market expectation of 220,000. This figure represents a decrease from the previous week's revised 218,000 claims, signaling potential resilience in the labor market despite other cooling indicators. The strong labor data contrasts with the recent ADP private payrolls report, which showed an unexpected decline. The release prompted a reaction in the currency markets, with the USD/JPY pair rising from the 154.81 level as yields adjusted to the news. Market participants are closely monitoring these figures to gauge the Federal Reserve's next policy moves, particularly regarding the likelihood of interest rate cuts in December.