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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.
EU Session Analysis for CFD Instruments 20/10/2021
Fundamental analysis
20 October, 2021
Gold prices rose on Wednesday, buoyed by a slightly weaker dollar which offset surging U.S. bond yields and lingering fears over sooner-than-expected interest rates hikes. U.S. benchmark 10-year Treasury yields surged to their highest since May 20 on Wednesday, raising the opportunity cost of holding non-yielding bullion. But offseting higher yields was a softer dollar index which made bullion cheaper for buyers holding other currencies. If inflation keeps rising at its current pace in the next few months rather than subsiding as expected, Fed policymakers may need to adopt “a more aggressive policy response” next year, Fed Governor Christopher Waller said.
