77% 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. 77% 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.
76% 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. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
EU Session Analysis for CFD Instruments 23/09/2021
Fundamental analysis
23 September, 2021
Gold prices dipped on Thursday as the dollar strengthened after the U.S. Federal Reserve signalled a withdrawal of its asset purchases by next year and a sooner-than-expected interest rate hike, dimming the appeal of the non-yielding bullion. New projections from the Fed’s two-day policy meet showed half of the officials were ready to raise interest rates next year in response to heating inflation. Gold is often considered a hedge against higher inflation, but a Fed rate hike would increase the opportunity cost of holding gold, which pays no interest. Fed Chair Jerome Powell said a withdrawal process of monthly bond purchases could begin after the central bank’s November policy meeting as long as U.S. job growth through September is “reasonably strong”.
