Trusted by over 15 Million Traders
The Most Awarded Broker
for a Reason
CATEGORIES
News
- Gold, $4050 determines whether it will rise or fall!
- Gold, $4180 is the dividing line between long and short!
- Non-US currencies generally fell on Tuesday, will the US dollar regain favor?
- The U.S. dollar index rebounded, coupled with British CPI data, pressured the po
- The U.S. economy is cooling down across the board, and a booster shot of interes
market news
Hormuz traffic volume rebounds, dollar falls, oil stabilizes and gold remains stable
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 Foreign Exchange Market Analysis]: Hormuz traffic volume rebounds, the US dollar declines, oil stabilizes and gold levels". Hope this helps you! The original content is as follows:
On April 7, in early Asian trading on Tuesday, Beijing time, the U.S. dollar index was hovering around 99.99. On Monday, as the market waited for the latest deadline set by Trump and was cautious about Japan's intervention in the exchange rate, the U.S. dollar index fell below the 100 mark and finally closed down 0.19% at 99.98 points; the benchmark 10-year U.S. bond yield closed at 4.3440%, and the 2-year U.S. bond yield, which is sensitive to the Federal Reserve's policy interest rate, fell slightly to 3.8640%. Investors were waiting for further signals on the situation between the United States and Iran before Trump's "deadline" arrived. Spot gold fell back after rising, and finally closed down 0.55% at US$4,649.87 per ounce; spot silver finally closed down 0.28% at US$72.81 per ounce. Trump threatened to attack Iran's infrastructure, and international oil prices closed higher after a shock. WTI crude oil closed up 0.52% at $112.77 per barrel; Brent crude oil finally closed up 0.42% at $109.67 per barrel.
Analysis of major currency trends
U.S. dollar index: As of press time, the U.S. dollar index is hovering around 99.99. The U.S. dollar index struggled to contain downward momentum near the 100.00 mark on Monday after a volatile day. Technically, the U.S. dollar index is trying to fall back below the 99.70 to 99.85 support levels. If this attempt is successful, the US Dollar Index will head towards the next support level of 98.85-99.00.



Gold and crude oil market trend analysis
1) Gold market trend analysis
In Asian trading on Tuesday, gold hovered around 4660. The precious metal edged higher as traders focused on Tuesday's deadline for U.S. President Donald Trump to launch a military strike on Iranian infrastructure following the closure of the Strait of Hormuz. Trump said on Monday that the latest U.S.-Iran ceasefire proposal was "not good enough" and warned as a deadline approached for Iran to reopen the Strait of Hormuz or face a major blow to its civilian infrastructure.

2) Crude oil market trend analysis
On Tuesday in the Asian market, crude oil was trading around 113.33. The international crude oil market continues to be driven by geopolitics and fluctuates at high levels. The conflict in the Middle East has entered a critical critical point. The game between the US and Iran ultimatums and ceasefire negotiations has intensified. OPEC+ supply tightening and low global inventories have www.xmtraders.combined. Oil prices have fluctuated sharply in risk aversion and expectations. Both WTI and Brent crude oil have stabilized above US$110/barrel. The market has www.xmtraders.completely entered the "wartime pricing logic", and the risk of supply interruption has become the core variable that dominates the market.

Foreign exchange market transaction reminder on April 7, 2025
To be determined, the price adjustment window for domestic refined oil products will open
15:50 The final value of the French service industry PMI in March
15:55 The final value of the German service industry PMI in March
16:00 Eurozone March Services PMI Final Value
16:30 Eurozone April Sentix Investor Confidence Index
16:30 UK March Services PMI Final Value
20:30 US February Durable Goods Orders rate
23:00 US March New York Fed 1-year inflation expectations
The next day at 00:00 EIA releases monthly short-term energy outlook report
The next day at 00:35 Fed Goolsbee talks about monetary policy
The next day at 04:30 API crude oil inventories in the United States for the week to April 3
The above content is all about "[XM Foreign Exchange Market Analysis]: Hormuz traffic volume rebounds, the U.S. dollar declines, oil stabilizes and gold levels". It is carefully www.xmtraders.compiled and edited by the XM foreign exchange editor. 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