Trusted by over 15 Million Traders
The Most Awarded Broker
for a Reason
CATEGORIES
News
- The US dollar hit a two-month high and the pound fell below the key moving avera
- Gold is under pressure as scheduled, Europe and the United States first pay atte
- Trump's tariffs are approaching, and US crude oil stops falling and rises hidden
- 8.8 Gold bulls return to 3400, and the short order in the early trading was good
- The U.S. reached several trade agreements, and the EU is ready for counter-attac
market news
The U.S. dollar index approaches the 100 mark, and the Fed’s December interest rate cut remains unclear
Wonderful introduction:
Youth is a nectar made with blood drops of will and sweat of hard work - it will last forever; youth is a rainbow woven with unfading hope and immortal yearning - it is brilliant and brilliant; youth is a copper wall built with eternal persistence and tenacity - it is impregnable.
Hello everyone, today XM Forex will bring you "[XM Forex Platform]: The U.S. Index is approaching the 100 mark, and the Fed's December interest rate cut is still foggy." Hope this helps you! The original content is as follows:
On November 4, in early Asian trading on Tuesday, Beijing time, the U.S. dollar index was hovering around 99.94. On Monday, as the market had doubts about the prospect of another interest rate cut by the Federal Reserve this year, the U.S. dollar index continued its gains, approaching the 100 mark during the session, and finally closed up 0.15% at 99.85. The benchmark 10-year U.S. Treasury yield finally closed at 4.113%, and the 2-year U.S. Treasury yield, which is sensitive to the Fed's policy rate, closed at 3.617%. Spot gold fluctuated around the US$4,000 mark during the day, and finally closed down 0.07%, at US$4,000.44 per ounce; spot silver fell sharply during the US trading session, and finally closed down 1.27%, at US$48.06 per ounce. Although OPEC+ plans to suspend production increases in the first quarter of 2026, the market is still worried about oil oversupply and weak factory data in Asia. Crude oil fluctuated at high levels. WTI crude oil fluctuated around $61 and finally closed up 0.26% at $60.82/barrel; Brent crude oil finally closed up 0.27% at $64.65/barrel.
Analysis of major currency trends
U.S. dollar index: As of press time, the U.S. dollar is hovering around 99.94. The U.S. interbank reserve ratio is at a historically low level, which provides clear short-term support for the U.S. dollar. However, this is just a monetary phenomenon. When the U.S. dollar index reaches around 100, a short squeeze may occur. Since there is no substantial benefit or rapid adjustment, traders need to be wary of the risk of being short squeezed and try to avoid chasing prices higher. Technically, the nearest resistance level for the U.S. dollar index is located in the 100.00–100.15 range. If the US dollar index successfully closes at 100.15 levelAbove, it will head towards the next resistance level of 101.85–102.00.



Gold and crude oil market trend analysis
1) Gold market trend analysis
In the Asian market on Tuesday, gold hovered around 3992.17. Precious metals edged lower as traders scaled back bets on further interest rate cuts from the Federal Reserve. Fed Michelle Bowman is scheduled to speak later in the day. The Federal Reserve last week cut interest rates for the second time this year, but Chairman Jerome Powell said another rate cut this year is "not a certainty." Hawkish xmaccount.comments from Federal Reserve officials dragged gold lower. The Federal Reserve lowered its benchmark overnight borrowing rate to a range of 3.75%-4.0% at its October meeting last week.

2) Crude oil market trend analysis
On Tuesday in the Asian market, crude oil was trading around 60.70. Oil prices stabilized on Monday under the influence of multiple factors. On the one hand, the market digested OPEC+'s decision to increase production. At the same time, the impact of the increase in production has been offset by the support provided by the mid- to long-term suspension of production increases.

Foreign exchange market trading reminder on November 4, 2025
①Pending announcement of the Canadian government’s annual budget
②11:30 Reserve Bank of Australia announces interest rate decision
③12:30 Reserve Bank of Australia Chairman Bullock holds a press conference
④15:40 European Central Bank President Christine Lagarde delivers a speech
⑤19:35 Federal Reserve Board Governor Bowman participates in the discussion
⑥21:30 U.S. September trade balance
⑦23:00 U.S. September JOLTs vacancies
⑧23:00 U.S.September factory order monthly rate
⑨API crude oil inventory in the United States from 05:30 the next day to the week of October 31
The above content is about "[XM Foreign Exchange Platform]: The U.S. Index is approaching the 100 mark, and the Fed's December interest rate cut is still full of fog." It is 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!
Every successful person has a beginning. Only by having the courage to start can you find the way to success. Read the next article now!
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