Trusted by over 15 Million Traders
The Most Awarded Broker
for a Reason
CATEGORIES
News
- Dollar consolidates Fed-driven gains, Bank of Japan stimulates yen to strengthen
- Tariff negotiations in China and the United States boost market sentiment, WTI c
- [Hot Spot Focus] Break 3500 again, and the gold price hit a record high! Silver
- Firmly bet on the Fed's interest rate cut this month, British stocks and bonds h
- Gold, 3400 stations are not difficult!
market news
Non-agricultural unemployment surges and unemployment hits new highs! The Fed's hawks attack, and the yen 160 red line is in danger
Wonderful introduction:
Love sometimes does not require the promise of eternal love, but it definitely needs meticulous care and greetings; love sometimes does not need the tragedy of Butterfly Lovers, but it definitely needs the tacit understanding and congeniality of the heart; love sometimes does not need the following of male and female, but it definitely needs the support and understanding of each other.
Hello everyone, today XM Forex will bring you "[XM Forex Platform]: Non-agricultural surge and unemployment rate hit new highs! The Fed's hawks attack, and the yen 160 red line is in danger." Hope this helps you! The original content is as follows:
On November 21, in early Asian trading on Friday, Beijing time, the U.S. dollar index was hovering around 100.16. On Thursday, as the mixed non-farm payroll data did not dispel the market's doubts about the Federal Reserve's December interest rate cut, the U.S. dollar index remained high and fluctuated above the 100 mark, hitting a 6-month high during the session, and finally closed up 0.105% at 100.23; U.S. bond yields fell back, with the benchmark 10-year U.S. bond yield finally closing at 4.088%, and the 2-year U.S. bond yield, which is sensitive to the Fed's policy interest rate, closed at 3.545%. Spot gold fluctuated in a range, hitting $4,100 per ounce in the U.S. market again, but then fell back, eventually rising slightly by 0.01% to $4,078.59 per ounce; spot silver finally closed down 1.43%, at $50.63 per ounce. International crude oil continued its decline as Zelensky expressed his openness to peace talks. WTI crude oil continued to fall in the US market, finally closing down 1.2% at US$58.69/barrel; Brent crude oil finally closed down 0.92% at US$62.67/barrel.
Analysis of major currency trends
U.S. dollar index: As of press time, the U.S. dollar is hovering around 100.16. The recent risk aversion sentiment has provided some safe-haven support for the US dollar, but the trend of the US dollar cross is still mainly affected by the Federal Reserve's expectations. Technically, if the U.S. Dollar Index remains above the resistance level of 100.00-100.15, it will move to the next resistance level of 101.00-101.15.



Gold and crude oil market trend analysis
1) Gold market trend analysis
In the Asian session on Friday, gold hovered around 4076.67. With strong U.S. employment data, the Federal Reserve’s interest rate cut is expected. Prices weakened, with gains in precious metals likely to be limited as traders braced for preliminary readings from the U.S. S&P Global Purchasing Managers Index (PMI) and Michigan Consumer Confidence reports, due later on Friday. src="/uploads/2025/11/okqw2ka5kpa.jpg" />
Technical: Gold’s uptrend remains intact despite Fed officials turning hawkish However, price action suggests that sellers may take over once gold prices fall below the November 18 low of $3,998 per ounce, and a further test of 50 is possible. The daily simple moving average (SMA) is $3954/oz. However, the path of least resistance suggests that once gold breaks $4100/oz, buying pressure could push gold towards $4150/oz and then test the previous cycle high of $4245/oz.2) Crude oil market trend analysis
Crude oil prices were trading around 58.49 in the Asian session on Friday. Oil prices fell in shock on Thursday. Although the decline in U.S. crude oil inventories exceeded expectations, the news that the United States promoted the Russia-Ukraine peace talks. The interest rate triggered concerns about oversupply, which ultimately suppressed market sentiment. The market is closely watching the effect of U.S. sanctions on Rosneft and Lukoil on Friday, as well as Ukraine's formal response to the latest peace proposal. These factors will determine the direction of short-term oil prices. src="/uploads/2025/11/k51csrryu2e.jpg" />
Technical aspect: WTI crude oil futures prices remain volatile, mainly benefiting from its attempt to repair the obvious oversold state on the relative strength indicator. In particular, there have been positive overlapping signals supporting price action in the short term, which have brought support to prices. This intraday rebound suggests that prices are taking a brief breather after the last wave of declines.Foreign exchange market transaction reminder on November 21, 2025
15:00 UK public sector net borrowing in October
15:00 UK monthly seasonally adjusted retail sales rate in October
16:15 France November manufacturing PMI initial value
16:30 Germany Initial manufacturing PMI value in November
16:30 European Central Bank President Christine Lagarde delivers a speech
17:00 Eurozone manufacturing PMI initial value in November
17:30 UK manufacturing and services PMI initial value
20:30 Fed Williams delivers a speech
20:40 Swiss National Bank President Schlegel spoke
21:30 Canadian September retail sales monthly rate
21:30 Federal Reserve Board Governor Barr delivered a speech
21:45 Federal Reserve Vice Chairman Jefferson delivered a speech
22:00 Fed Logan attended the group meeting
22:45 US November S&P Global Manufacturing PMI Initial Value
The above content is about "[XM Foreign Exchange Platform]: The non-agricultural increase and the unemployment rate hit a new high! The Fed's hawks attack, and the Japanese yen 160 red line is in danger". It is carefully xmtraders.compiled and edited by the editor of XM Foreign Exchange. I hope it will be helpful to your trading! Thanks for the support!
Only the strong know how to fight; the weak are not even qualified to fail, but are born to be conquered. Hurry up and study the next content!
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