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71% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
70.41% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing all your money. Read full risk warning.
US Session Analysis for CFD Instruments 16/03/2021
Fundamental analysis
16 March, 2021
Gold prices held steady on Tuesday despite a stronger dollar, as investors expected the U.S. Federal Reserve to keep the policy accommodative and address concerns over rising inflation and a recent spike in U.S. Treasury yields. Some investors view gold as a hedge against higher inflation that could follow stimulus measures, but higher Treasury yields dull some of the appeal of the non-yielding commodity. Meanwhile, the dollar index rose for a third straight session, making gold more expensive for other currency holders. The U.S. central bank's Federal Open Market Committee ends its two-day meeting on Wednesday. The Fed has kept interest rates pinned near zero for the past year, and has promised to keep them there until the economy reaches full employment.
