(VIANEWS) – Palladium (PA) has been up by 6.33% for the last 10 sessions. At 08:50 EST on Wednesday, 24 May, Palladium (PA) is $1,425.50.
Today’s last reported volume for Palladium is 1382, 99.99% below its average volume of 4751935763.98.
Palladium’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.12%, a negative 0.42%, and a positive 2.06%, respectively.
Palladium’s highest amplitude of average volatility was 2.65% (last week), 2.01% (last month), and 2.06% (last quarter), respectively.
- Crude oil forecast: continues to see a lot of choppy behavior – 22 May 2023. According to DailyForex on Monday, 22 May, "Amidst the global economy’s uncertainty, the $70 level supports the WTI Crude Oil market. ", "Ultimately, the WTI Crude Oil and Brent markets face noise and choppiness amid an uncertain global economic environment. "
- According to FXStreet on Monday, 22 May, "Support from a weakening US Dollar, however, lifts Crude Oil back up to Friday’s close after the weak open.", "At the time of writing, WTI Oil is trading in the upper $71s and Brent Crude Oil in the mid $75s."
- According to FXStreet on Monday, 22 May, "A modest intraday bounce in Crude Oil prices underpins the commodity-linked Loonie and turns out to be a key factor acting as a headwind for the USD/CAD pair amid subdued US Dollar (USD) price action. ", "This, in turn, is expected to dent fuel demand, should cap the upside for the Crude Oil prices and contribute to limiting any meaningful slide for the USD/CAD pair."
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