MUMBAI, Jan 19 Reuters The Indian rupee is likely to open slightly weaker on Friday after strongerthanexpected U.S. jobless claims data pushed U.S. bond yields higher and a Federal Reserve official reiterated the need for a cautious approach to potential rate cuts.

Nondeliverable forwards indicate the rupee will open at around 83.1583.16 to the U.S. dollar, compared with its previous closing of 83.1225.

The dollar index was slightly lower at 103.33, with most Asian currencies holding steady, except for the Korean won, which inched up about 0.3.

The rupee is expected to have a broadly rangebound day, with its support near 83.2083.25 likely to hold on Friday, a foreign exchange trader at a private bank said.

But potential equity outflows could exert pressure on the rupee and would be key to monitor in the coming days, the trader added.

Overseas investors have net sold Indian equities worth 463 million in January, following net purchases of 7.9 billion in December.

The 10year U.S. Treasury yield rose to 4.16 in Asia hours, climbing 4 bps overnight in New York following weakerthanexpected initial jobless claims data in the United States.

Claims for unemployment benefits dropped to 187,000 for the week ended Jan. 13, according to data released on Thursday, well below the 207,000 claims expected by economists polled by Reuters.

These numbers point to a still firm labour market … factor in a rebound in U.S. housing starts and firm retail sales from the day before, it…