Trusted by over 15 Million Traders
The Most Awarded Broker
for a Reason
CATEGORIES
News
- Follow these four-month trend cycles, beware of gold attacks and pressures tonig
- 8.22 Gold fluctuates in a narrow range, can the weekly end be in circulation
- Beware of the high-chasing trap
- European and American trade agreement locked, analysis of short-term trends of s
- 7.31 Gold plummeted and crude oil surged latest market trend analysis and exclus
market news
The U.S. dollar's rise paused, and spot gold fluctuated sharply. The U.S. Department of the Treasury announced sanctions on two major Russian oil companies.
Wonderful introduction:
Green life is full of hope, beautiful fantasy, hope for the future, and the longed-for ideal is the green of life. The road we are going to take tomorrow is lush green, just like the grass in the wilderness, releasing the vitality of life.
Hello everyone, today XM Forex will bring you "[XM Forex Platform]: The rise of the US dollar paused, spot gold fluctuated sharply, the US Treasury Department announced sanctions on two major Russian oil xmaccount.companies." Hope this helps you! The original content is as follows:
On October 23, in early Asian trading on Thursday, Beijing time, the U.S. dollar index was hovering around 98.95. On Wednesday, the U.S. dollar index paused after rising for three consecutive days. It once rose above the 99 mark during the session, and finally closed down 0.08% at 98.89, a new weekly low. U.S. bond yields consolidated at low levels, with the benchmark 10-year U.S. bond yield finally closing at 3.9510%, and the 2-year U.S. bond yield, which is sensitive to the Federal Reserve's policy interest rate, closed at 3.4510%. As investors took profits before the release of key inflation data in the United States, spot gold once fell below US$4,010, then rebounded to around US$4,100, and finally closed down 0.63% at US$4,098.06 per ounce; spot silver finally closed down 0.46% at US$48.44 per ounce. Bessant said that he would "significantly increase" sanctions against Russia. Subsequently, the U.S. Department of the Treasury announced sanctions on two major Russian oil xmaccount.companies, and international oil prices rose sharply. WTI crude oil finally closed up 3.13% at US$59.37/barrel; Brent crude oil finally closed up 4.33% at US$64.36/barrel.
Analysis of major currency trends
U.S. dollar index: As of press time, the U.S. dollar is hovering around 98.95. The recent rally has paused near a key support zone as the U.S. government shutdown disrupts the release of economic data and traders are cautious, with Friday's delayed CPI report becoming the next important factor in determining the trend. Technically, the U.S. Dollar Index is trying to settle above resistance at 98.85–99.00. If this attempt is successful, the USD Index will move towards the next resistance level, which is located in the 100.00–100.15 range.



Gold and crude oil market trend analysis
1) Gold market trend analysis
In the Asian market on Thursday, gold hovered around 4077.59. Gold prices fell to near two-week lows as investors took profits ahead of key U.S. inflation data this week. The gold market is currently in a xmaccount.complex environment intertwined with multiple factors. In the short term, profit-taking and technical adjustments may continue to put pressure on gold prices, but expectations of a Federal Reserve interest rate cut, geopolitical risks and the uncertainty caused by the U.S. government shutdown have jointly provided bottom support for gold prices. Technically, the 21-day moving average of $4,005 will become a key support level. If the price of gold can hold this level, it may usher in a new round of rising opportunities in the short term.

2) Crude oil market trend analysis
On Thursday’s Asian session, crude oil was trading around 59.94. U.S. President Donald Trump's administration has imposed sanctions on major Russian oil xmaccount.companies and accused the Russians of lacking xmaccount.commitment to ending the war in Ukraine, Reuters reported on Wednesday. Sanctions on Russia could limit its exports to global marketsCrude oil exports have raised concerns about tightening global supplies and pushed up WTI prices.

October 23, 2025 Foreign Exchange Market Transaction Alert
18:00 UK October CBI Industrial Order Difference
20:30 Canadian August Retail Sales Monthly Rate
20:30 United States Initial Jobless Claims in the Week to October 18
22:00 Euro Zone October Consumer Confidence Index Initial Value
22:00 Annualization of the total number of existing home sales in the United States in September
22:00 Federal Reserve Vice Chairman of Financial Supervision Bowman’s testimony
22:25 Federal Reserve Governor Barr delivers a speech
22:30 EIA natural gas inventories in the United States for the week to October 17
The above content is about "[XM Foreign Exchange Platform]: The rise of the U.S. dollar pauses, and spot gold fluctuates sharply The entire content of the "U.S. Treasury Department Announces Sanctions on Two Major Russian Oil xmaccount.companies" was carefully xmaccount.compiled and edited by the editor of XM Foreign Exchange. I hope it will be helpful to your trading! Thanks for the support!
In fact, responsibility is not helpless or boring, it is as gorgeous as a rainbow. It is this colorful responsibility that creates the wonderful life we have today. I will try my best to organize the article.
Disclaimers: XM Group only provides execution services and access permissions for online trading platforms, and allows individuals to view and/or use the website or the content provided on the website, but has no intention of making any changes or extensions, nor will it change or extend its services and access permissions. All access and usage permissions will be subject to the following terms and conditions: (i) Terms and conditions; (ii) Risk warning; And (iii) a complete disclaimer. Please note that all information provided on the website is for general informational purposes only. In addition, the content of all XM online trading platforms does not constitute, and cannot be used for any unauthorized financial market trading invitations and/or invitations. Financial market transactions pose significant risks to your investment capital.
All materials published on online trading platforms are only intended for educational/informational purposes and do not include or should be considered for financial, investment tax, or trading related consulting and advice, or transaction price records, or any financial product or non invitation related trading offers or invitations.
All content provided by XM and third-party suppliers on this website, including opinions, news, research, analysis, prices, other information, and third-party website links, remains unchanged and is provided as general market commentary rather than investment advice. All materials published on online trading platforms are only for educational/informational purposes and do not include or should be considered as applicable to financial, investment tax, or trading related advice and recommendations, or transaction price records, or any financial product or non invitation related financial offers or invitations. Please ensure that you have read and fully understood the information on XM's non independent investment research tips and risk warnings. For more details, please click here