CAD/JPY Chart and Live Rate | Trade Now
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Trade CAD/JPY CFD

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  • Full Name CAD/JPY
  • Currency JPY
  • Spread Type Floating
  • Margin 2%
  • Min traded quantity 1000
  • Long position overnight fee 0.0005%
  • Short position overnight fee -0.0088%
  • Overnight fee time 21:00 (UTC)
  • Derivative Type Contract for Difference
  • Trading hours (UTC)
    Mon - Thu: 00:00 - 21:00
    21:15 - 00:00
    Fri: 00:00 - 21:00
    Sun: 21:15 - 00:00
The base currency – CAD. The counter currency – JPY. The CAD/JPY rate is the Canadian Dollar/Japanese Yen currency rate. This pair is often used when a trader is not eager to trade in US Dollars. In this case the USD/JPY chart is regarded as a suitable substitute. It shows how much the Canadian Dollar is worth when measured against the Yen. However, the CAD/JPY forecast is more sensitive towards the market-wide sentiment than the USD/JPY, because historically the Canadian Dollar has a higher yield. Moreover, due to Canada’s extensive energy export business, the Canadian Dollar, often referred to as the ‘Loonie’, depends on the price of the crude oil.
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