Wonderful introduction:
If the sea loses the rolling of huge waves, it will lose its majesty; if the desert loses the wild dance of flying sand, it will lose its magnificence; if life loses its true course, it will lose its meaning.
Hello everyone, today XM Forex will bring you "[XM Forex Market Analysis]: Europe submitted a revised version of the peace plan, and the Fed's "third leader" released doves to rekindle expectations of an interest rate cut in December." Hope this helps you! The original content is as follows:
On November 24, in early Asian trading on Friday, Beijing time, the U.S. dollar index was hovering around 100.28. Last Friday, despite the dovish speech of the "third leader" of the Federal Reserve, which revived expectations for an interest rate cut in December, the U.S. dollar index remained strong, hitting a new high in nearly 6 months, and finally closed down 0.056% at 100.17; U.S. bond yields fell across the board, with the benchmark 10-year U.S. bond yield finally closing at 4.068%, and the 2-year U.S. bond yield, which is sensitive to the Fed's policy interest rate, closed at 3.518%. Spot gold fell more than 1% during the session and then turned higher, but weakened again in late trading, finally closing down 0.28% at US$4,065.9 per ounce, and recording its first weekly decline this month; spot silver finally closed down 1.13% at US$50.04 per ounce. International crude oil fell for the third consecutive trading day, dragged down by the United States' push for a peace agreement between Russia and Ukraine. WTI crude oil fell to a one-month low and finally closed down 1.31% at US$57.92/barrel; Brent crude oil finally closed down 1.17% at US$61.93/barrel.
U.S. dollar index: As of press time, the U.S. dollar is hovering around 100.28. The U.S. dollar index continued to rise as traders focused on the www.xmxmxm.cnposite Purchasing Managers Index (PMI) report. The report noted that the www.xmxmxm.cnposite PMI rose to 54.8 in November from 54.6 in October, while analysts had forecast 54.5. Technically, if the US dollar index can fall below the 100.50 level, it will move towards resistance, which is located in the 101.00 to 101.15 range.
In the Asian session on Friday, gold hovered around 4064.75. Following John Williams’s remarks, the price of gold increased as expectations for an interest rate cut by the Federal Reserve increased. Slightly higher. U.S. September producer price index (PPI) and retail sales reports will be in focus later on Tuesday, which may provide insights into the health of the U.S. labor market and reveal more clues about the direction of U.S. interest rates. src="/uploads/2025/11/xnpcd022uic.jpg" />
Technical: Gold is being held back by a short-term turn at $4,133.95. Sustained gains will indicate the presence of buyers. If this rally brings enough upside momentum, watch for opportunities above $4,245.20, which is 43. The only hurdle before the all-time high of $81.44 is that a sustained move below $4133.95 would mean sellers are in control and targeting a steeper breakout of the 52-week retracement range at $3846.50 to $3720.25. The moving average remains at $3277.75, which means that the market will be in an upward trend. This means that the correction to the retracement range may provide an opportunity to buy back to the bottom.On Friday, crude oil traded at 5. Near 7.70. Ukraine's blow to Russian refineries and export infrastructure initially injected a risk premium into the market, but Russia resumed loading at the Novorossiysk terminal faster than traders expected, restoring about 2% of global supply.answer. The rapid recovery wiped out much of the upward momentum that started last week.
① Pending domestic refined oil to open a new round of price adjustment window
②17:00 German November IFO business climate index
③23:30 United States November Dallas Federal Reserve Business Activity Index
The above content is all about "[XM Foreign Exchange Market Analysis]: Europe submitted a revised peace plan, and the Fed's "third leader" released doves to rekindle expectations of an interest rate cut in December." It was carefully www.xmxmxm.cnpiled and edited by the XM foreign exchange editor. I hope it will be helpful to your trading! Thanks for the support!
Due to the author's limited ability and time constraints, some contents in the article still need to be discussed and studied in depth. Therefore, in the future, the author will conduct extended research and discussion on the following issues: