XPDUSD

XPDUSD

Market is open. Closes in 02h 44m

Palladium
Details
Contract size
100
Min volume, lot
0.01
Max volume, lot
100
Step volume, lot
0.01
Stops level
0
Avg spread, pips
73.7
Commission, per lot/side USD
0
Margin
1%
Long swap, points
-18.192
Short swap, points
-15.72
3 days swap
Wednesday
Profit currency
USD
Trading time (MT server time)
Market is open. Closes in 02h 44m
Sunday -
Monday 00:02 - 22:57
Tuesday 00:01 - 22:57
Wednesday 00:01 - 22:57
Thursday 00:01 - 22:57
Friday 00:01 - 22:57
Saturday -
Description

The XPDUSD currency pair represents the value of palladium (XPD) in US dollars (USD). Palladium is a precious metal primarily used in automotive catalytic converters and other industrial applications.

Factors influencing XPDUSD:

  • Supply and demand dynamics: Limited supply from major producers like Russia and South Africa versus industrial demand.
  • Automotive industry: As palladium is a key component in emission control devices, the health of the global car market significantly affects its price.
  • Geopolitical events: Disruptions in major palladium-producing regions can lead to price fluctuations.