About this pair
XPD/USD: what to know
The XPD/USD rate shows how much USD you get for 1 XPD. Right now, 1 XPD buys 1,303.30 USD at the mid-market rate. In the other direction, 1 USD is worth 0.000767283 XPD.
In the short term XPD is driven mainly by auto demand and tight supply, while USD responds to Fed policy, US growth and global risk appetite.
Palladium is used mainly in petrol-engine catalytic converters. The US Dollar (USD) is issued by Federal Reserve (Fed). Most of the world’s central-bank reserves are held in US dollars.
Because this pair involves a precious metal, the rate reflects global bullion prices per troy ounce. Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.