The history of XPDUSD dates back to the introduction of palladium as a trading asset. Palladium was first discovered in 1803 and its commercial usage began in the early 20th century. However, it was only in the late 1980s that palladium futures contracts were introduced, allowing investors and traders to speculate on its price movements. The pairing of palladium with the US dollar as XPDUSD gained popularity due to the significant role of the US dollar as a global reserve currency. Over the years, the price of palladium and the value of the US dollar have been influenced by various factors, including changes in supply and demand, economic indicators, geopolitical tensions, and market sentiment. This pairing offers traders and investors the opportunity to profit from the fluctuations in the price of palladium against the US dollar.
The XPDUSD pair represents the exchange rate between palladium XPD and the US dollar USD. Palladium is a precious metal widely used in the automotive industry, especially in catalytic converters. Thousands of traders have trusted us, and here’s why you could also enjoy a trading journey with our platforms, trading conditions, and the entire team at your side. Trade with confidence, knowing that you are trading with fully regulated and licensed broker. Trade with spreads starting from 0 pips, dynamic leverage up to 1:3000, and more. Engage in trading on the top-tier platforms in the industry, most helpful experience. Experience speedy and fee-free deposits and withdrawals, using trustworthy funding methods. Palladium vs US Dollar
Palladium vs US Dollar (XPDUSD)
Palladium vs US Dollar
XPDUSD Contract Specifications
History of XPDUSD
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