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FXStreet reported on industrial metals trading last week as palladium finished the week up on a strong roll.
FXStreet reported on industrial metals trading last week as palladium finished the week up on a strong roll.
As quoted in the market news:
Adding to the positive mood of the commodity group, the greenback continued to depreciate on dismal industrial production data from the US.
Palladium prolonged its 11-day advance on brighter industrial demand prospects after the Fed launched the new round of QE. Mounting hopes that China will loosen its monetary policy also lifted the precious metal.
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