(VIANEWS) - Palladium (PA) has been up by 6.16% for the last 5 sessions. At 14:51 EST on Thursday, 15 June, Palladium (PA) is $1,395.50.
Volume
Today's last reported volume for Palladium is 1665, 99.99% below its average volume of 4595416199.05.
Volatility
Palladium's last week, last month's, and last quarter's current intraday variation average was a positive 1.17%, a negative 0.07%, and a positive 1.92%, respectively.
Palladium's highest amplitude of average volatility was 3.25% (last week), 2.10% (last month), and 1.92% (last quarter), respectively.
Commodity Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Palladium's commodity is considered to be oversold (<=20).
News about
- Crude oil forecast: continues to drift lower - 13 June 2023. According to DailyForex on Tuesday, 13 June, "The West Texas Intermediate (WTI) Crude Oil market experienced a significant downturn at the start of the trading week on Monday, continuing the trend of volatile behavior. ", "In conclusion, both WTI Crude Oil and Brent markets have started the week with significant downturns. "
- According to FXStreet on Tuesday, 13 June, "The pair trades around the 1.3375 region during the Asian session, up less than 0.10% for the day, and draws support from the recent slump in Crude Oil prices.", "Worries that a global economic slowdown, particularly in China, will dent fuel demand drag Crude Oil prices to the lowest level since early May on Monday, which, undermines the commodity-linked Loonie and acts as a tailwind for the USD/CAD pair. "
- According to FXStreet on Tuesday, 13 June, "This continues to weigh on Crude Oil prices ahead of the crucial US CPI report, which might influence the Fed's policy outlook and drive the US Dollar (USD) price dynamics.", "Western Texas Intermediate (WTI) Crude Oil prices enter a bearish consolidation phase during the Asian session on Tuesday and oscillate in a narrow band near the lowest level since early May touched the previous day. "
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