CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Asia Morning Nov 27

Article By: ,  Financial Analyst

Asia Morning: Gold Halts Sliding on Thanksgiving Holiday

On Thursday, U.S. financial markets were closed for the Thanksgiving holiday.

European stocks still lacked momentum. The Stoxx Europe 600 declined 0.12%, Germany's DAX was little changed, France's CAC 40 dipped 0.08% and the U.K.'s FTSE 100 dropped 0.44%.

Spot gold rebounded $8 (+0.46%) to $1,815 an ounce.

U.S. WTI crude futures (January) declined $0.72 (-1.58%) to $44.99 a barrel.

The forex market saw thin trading volumes during the Thanksgiving holiday. The ICE Dollar Index kept the key 92.00 level. 

EUR/USD edged lower to 1.1913 from 1.1917 Wednesday. Germany's GfK Consumer Confidence Index slid to -6.7 for December (-4.9 expected). France's official Consumer Confidence Indicator declined to 90 in November (92 expected).

GBP/USD eased 0.13% to 1.3357 ending a four-session rally.

USD/JPY declined 0.19% to 104.26

USD/CHF was down for a third day losing 0.18% to 0.9066.

AUD/USD held up at 0.7360.

USD/CAD added 0.08% to 1.3017.

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