Palladium eases off record highs

By: Miguel A. Rodriguez

10:45, 09 March 2022

Euro mired down while Ukraine conflict weighs on growth
  • #Gold prices slid from the key $2,000-per-ounce mark, as the U.S. #dollar held firm near a multi-month peak, while #palladium eased from record highs after investors took a breather
  • The #euro was pinned near a 22-month low as the situation in #Ukraine darkens Europe's economic outlook, while commodity currencies took a breather in their weeks-long rally
  • The average #bitcoin-ruble trade size remains relatively small, suggesting mostly retail users are driving the current high volumes despite sanctions
  • #BTCUSD exploded 1.5%
  • #WTIUSD exploded 2.7%
  • #XAUUSD exploded 2.0%

Share this article

This information prepared by is not an offer or a solicitation for the purpose of purchase or sale of any financial products referred to herein or to enter into any legal relations, nor an advice or a recommendation with respect to such financial products.This information is prepared for general circulation. It does not regard to the specific investment objectives, financial situation, or the particular needs of any recipient.You should independently evaluate each financial product and consider the suitability of such a financial product, by taking into account your specific investment objectives, financial situation, or particular needs, and by consulting an independent financial adviser as needed, before dealing in any financial products mentioned in this document.This information may not be published, circulated, reproduced, or distributed in whole or in part to any other person without the Company’s prior written consent.
Past performance is not always indicative of likely or future performance. Any views or opinions presented are solely those of the author and do not necessarily represent those of Financial Services (Pty) Ltd trading as CAPEX.COM/ZA acts as intermediary between the investor and Magnasale Trading Ltd, the counterparty to the contract for difference purchased by the Investor via CAPEX.COM/ZA, authorised & regulated by the Cyprus Securities and Exchange Commission with license number 264/15.  Magnasale Trading Ltd is the principal to the CFD purchased by investors.