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US dollar rebounds on Black Friday

FX:GBPUSD   British Pound / U.S. Dollar
EUR/USD πŸ”½
GBP/USD πŸ”½
AUD/USD πŸ”½
USD/CAD πŸ”Ό
USD/JPY πŸ”Ό
XAU πŸ”½
WTI πŸ”½

After Thanksgiving, the Dow Jones Industrial Average rose 152 points to 34,347, while the S&P 500 and the Nasdaq 100 dipped to 4,026 and 11,756 respectively.

In China, protests against strict COVID measures spread to several major Chinese cities. This put a halt to the dollar's decline. EUR/USD traded slightly lower to 1.0395, and GBP/USD declined to 1.2093. The USD/CAD rose 44 pips to 1.3381, and the USD/JPY gained 53 to 139.07.

Australia Retail Sales recorded the first loss since February, decreasing 0.2% on the month, bringing AUD/USD down to 0.6749.

Spot gold suffered minor losses at $1,754 an ounce. WTI oil futures fell to a near 11-month low at $76.28 a barrel.

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