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November 28, 2024

US Dollar Holds Strong as Thanksgiving Approaches: Gold, GBP/USD, and EUR/USD Insights

Thanksgiving often brings quiet trading in the forex market, and the US Dollar is holding steady. Gold maintains its position near key support levels, while mixed data from the UK and EU adds uncertainty to the outlook for GBP/USD and EUR/USD. Traders are closely monitoring these developments as they navigate the holiday period. In the upcoming sessions, all eyes will be on any shifts in economic data that could impact these currency pairs. This stability could set the stage for interesting shifts in the market as we move towards the end of the year.

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