Fortrade Canada Ltd. as an order-execution only dealer is not permitted to provide you with any advice or recommendations. These Market Commentaries should not be construed as a recommendation, advice or any attempt by Fortrade Canada Ltd. to prompt or influence you in making an investment decision to purchase, sell, hold or exchange any security or to influence the timing of such activity. This content is produced by Fortrade Limited which is not registered in any capacity with any securities regulatory authority in Canada.
66% 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. 66% 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 19/09/2024
Fundamental analysis
19 September, 2024
Gold prices are trading in today’s Asian session above 2560 levels.
Gold prices moved higher in Asian trade on Thursday, following overnight losses after less dovish signals from the Federal Reserve offset some optimism over a bumper rate cut. Fed Chair Powell signalled the prospect of more rate cuts, with markets pricing in a total of 125 bps worth of rate cuts by the year-end. But Powell also said the Fed would not return to an ultra-low rate environment seen during COVID-19, and said the Fed’s neutral rate will be higher than previously seen.
