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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.
70.91% 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. 70.91% 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.
EU Session Analysis for CFD Instruments 07/06/2021
Fundamental analysis
07 June, 2021
Gold prices edged lower on Monday as an uptick in the dollar dented the metal’s appeal, although lower U.S. bond yields and prospects of a prolonged accommodative interest rate environment limited losses. The dollar index rose 0.1% against its rivals, making gold more expensive for holders of other currencies. Meanwhile, a weaker-than-expected U.S. monthly jobs report calmed investor fears about the tightening of monetary policy by the Federal Reserve. Lower U.S. interest rates put pressure on the dollar and bond yields, increasing the appeal of non-yielding bullion. The benchmark 10-year yield slipped below 1.6% and was hovering near a one-week low.
