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CAD/JPY

CAD/JPY
87.585 JPY
+0.08 +0.091%
1m
5m
15m
30m
1H
4H
1D
1W
  • Full Name CAD/JPY
  • Currency JPY
  • Spread Type Floating
  • Margin 2%
  • Min traded quantity 1000
  • Trading hours Sun - Fri 23:05 - 22:00 (UTC)
  • Long position overnight fee -0.0012%
  • Short position overnight fee -0.0070%
  • Overnight fee time 22:00 (UTC)
  • Derivative Type Contract for Difference

CAD/JPY

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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