US consumer confidence declines unexpectedly

Palladium prices fell on Tuesday as the dollar edged lower while investors await the Federal Reserve's policy decisions.

Dollar rose in European trade against a basket of major rivals for the fourth straight session, hitting two-week highs and moving off eight-month lows on active short-covering.

Europe's economy grew 0.1% in the fourth quarter of 2022, beating estimates of a 0.1% dip, and after growing by 0.3% in the third quarter.