Palladium: from rags to riches. Forecast as of 15.02.2022

Fears of a sharp drop in supplies from Russia due to Western sanctions pushed palladium price to 5-month highs. How will the war in Eastern Europe or the conflict de-escalation affect the XPDUSD prospects? Let us discuss the Forex outlook and make up a trading plan.

Monthly palladium fundamental forecast

As selloff waves hit the stock markets, XPDUSD buyers are rubbing their hands with joy. Palladium has turned from an ugly duckling into a beautiful swan amid the escalation of the conflict in Eastern Europe. The market is in danger of returning to a deficit amid a potential reduction in supply from Russia, the… Read full author’s opinion and review in blog of #LiteForex