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Extended greenback sell-off on Thanksgiving

FX:GBPUSD   British Pound / U.S. Dollar
EUR/USD ๐Ÿ”ผ
GBP/USD ๐Ÿ”ผ
AUD/USD ๐Ÿ”ผ
USD/CAD ๐Ÿ”ฝ
USD/JPY ๐Ÿ”ฝ
XAU ๐Ÿ”ผ
WTI ๐Ÿ”ผ

The US market is closed on Thanksgiving Day, while major currencies enjoy moderate gains against the greenback. EUR/USD added 12 pips to 1.0408, and GBP/USD climbed more than 60 pips to 1.2116., while AUD/USD rose 33 pips to 0.6763.

CAD/USD closed at 1.3337, losing 17 pips. The USD/JPY pair fell over 100 pips to 138.61, while the Japanese inflation rate rose to 3.8%, the highest level in four decades.

As a result of a weaker dollar, spot gold rose $5 to $1,755.38 an ounce, while WTI crude futures traded slightly higher at $78.25 a barrel.

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