Trusted by over 15 Million Traders
The Most Awarded Broker
for a Reason
CATEGORIES
News
market analysis
The chairman of the regional Federal Reserve suddenly retires, giving Trump another opportunity to intervene! Gold soared nearly $100 on the day
Wonderful introduction:
Since ancient times, there have been joys and sorrows of parting, and since ancient times, there have been sad songs about the moon. It’s just that we never understood it and thought everything was just a distant memory. Because without real experience, there is no deep inner feeling.
Hello everyone, today XM Forex will bring you "[XM Forex]: The chairman of the regional Federal Reserve suddenly retired, and Trump got another good opportunity to intervene! Gold soared by nearly a hundred dollars during the day." Hope this helps you! The original content is as follows:
On November 13, in early Asian trading on Thursday, Beijing time, the U.S. dollar index was hovering around 99.56. On Wednesday, as traders assessed the impact that a large number of economic data releases would have on the Federal Reserve's interest rate policy after the U.S. government resumes operations, the U.S. dollar index first rose and then fell, finally closing nearly flat at 99.46; the benchmark 10-year U.S. bond yield finally closed at 4.075%, and the 2-year U.S. bond yield, which is sensitive to the Fed's policy interest rate, closed at 3.576%; the U.S. dollar against the yen once stood at 155, the first time since February. Spot gold rose strongly during the U.S. trading session, rising nearly $100 during the day and once returning to above the 4,200 mark, but failed to stand firm here and finally closed up 1.65% at $4,194.40 per ounce; spot silver rose 4% to approach a record high, finally closing at $53.25 per ounce. Crude oil fell as OPEC released a report stating that global oil supply will be equal to demand in 2026, marking a further shift in its forecast from a supply shortage to a balance between supply and demand. WTI crude oil fluctuated downward throughout the day, and accelerated its decline before the U.S. market. It once fell to an intraday low of $58.28, and finally closed down 4.14%, at $58.44/barrel. In addition, the real-time price difference of WTI crude oil turned into a premium for the first time since February; Brent crude oil finally closed down 3.79%, at $62.43/barrel.
Analysis of major currency trends
U.S. dollar index: As of press time, the U.S. dollar is hovering around 99.56. The U.S. dollar has been under significant pressure recently, with the core pressure stemming from the weakness in the U.S. labor market and rising expectations of easing by the Federal Reserve. The continued shutdown of the U.S. government has led to a stagnant release of key economic data, leaving the market in a data vacuum.Investors were forced to turn to the statements of Federal Reserve officials for guidance. This week, the U.S. dollar index continued its correction since last week's high, providing phased support for the euro against the U.S. dollar. Technically, the U.S. Dollar Index’s reaction to the 99.463 pivot point may determine the next direction. A sustained move above 99.738 could open the door to a test of the 200-day moving average at 100.167, which recently rejected the bounce at 100.360. Conversely, a firm break below 99.287 could trigger a pullback towards the 50-day moving average of 98.481.



Gold and crude oil market trend analysis
1) Gold market trend analysis
In the Asian market on Thursday, gold hovered around 4202.80. Gold prices rose strongly on Wednesday, with spot gold hitting a new high since October 21, to $4,211.65 per ounce, driven by falling U.S. bond yields and increased expectations of a rate cut by the Federal Reserve. As the U.S. government is about to open its doors, suppressed economic data will be released one after another. These data are likely to confirm speculation about a slowdown in the U.S. economy and further strengthen theReserve's interest rate cut expectations. In addition, we need to continue to pay attention to the speeches of Federal Reserve officials, and focus on the supplementary release arrangements for U.S. economic data such as non-farm payrolls that were previously suspended.

2) Crude oil market trend analysis
On Thursday’s Asian session, crude oil was trading around 58.31. Oil prices fell more than 4% on Wednesday, mainly affected by a report released by OPEC predicting that global oil supply will be equal to demand in 2026, which marks a further shift in its forecast from supply shortage to supply and demand balance. On the other hand, analysts believe that the U.S. government's resumption of operations may boost consumer confidence and economic activity, thereby stimulating crude oil demand. The market is paying close attention to the outlook report to be released by the U.S. Energy Information Administration on Thursday for more guidance on market direction.

Foreign exchange market transaction reminder on November 13, 2025
17:00IEA releases monthly crude oil market report
18:00Eurozone September industrial output monthly rate
21:30 The annual rate of U.S. CPI before seasonally adjustment in October
21:30 The monthly rate of U.S. CPI after season adjustment in October
21:30 The number of initial jobless claims in the United States in the week to November 8
>21:30 US October seasonally adjusted core CPI monthly rate
21:30 US October non-seasonally adjusted core CPI annual rate
The next day at 01:00 US EIA original data for the week to November 7 Oil inventories
EIA Cushing crude oil inventories from 01:00 the next day in the United States to the week of November 7
EIA Strategic Petroleum Reserve inventories from the United States to the week of November 7 at 01:00 the next day
At 01:15 on the same day, the Federal Reserve Musallem gave a speech on monetary policy
The next day at 01:20 the Federal Reserve Hammaker participated in a fireside chat
The above content is about "[XM Foreign Exchange]: The regional Fed chairman suddenly retired, Trump got another opportunity to intervene! Gold soared by nearly a hundred dollars in one day". It was carefully xmxyly.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