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Trading news
16 May 2025

Palladium price today: Rare metals down at the start of the European session

Platinum Group Metals (PGMs) trade with a negative tone at the beginning of Friday, according to FXStreet data. Palladium (XPD) changes hands at $959.22 a troy ounce, with the XPD/USD pair easing from its previous close at $964.05.

In the meantime, Platinum (XPT) trades at $991.20 against the United States Dollar (USD) early in the European session, also under pressure after the XPT/USD pair settled at $994.10 at the previous close.

May 16, 2025

Switzerland Industrial Production (YoY) up to 8.5% in 1Q from previous 2.3%

Switzerland Industrial Production (YoY) up to 8.5% in 1Q from previous 2.3%
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May 16, 2025

GBP/JPY attracts some sellers below 193.50 despite Japan’s downbeat GDP data

The GBP/JPY cross extends its downside to near 193.40 during the early European trading hours on Friday. The Japanese Yen (JPY) strengthens against the Pound Sterling (GBP) despite Japan’s disappointing GDP report. 
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