Trading financial products is complex and carries a high risk of rapid financial loss due to market volatility. Please ensure you fully understand the risks involved and read the relevant Risk Disclosure before trading.

Trading financial products is complex and carries a high risk of rapid financial loss due to market volatility. Please ensure you fully understand the risks involved and read the relevant Risk Disclosure before trading.

Trading financial products is complex and carries a high risk of rapid financial loss due to market volatility.

CADJPY

CADJPY

Market is open. Closes in 09h 43m

Canadian Dollar vs Japanese Yen
Details
Contract size
100000
Min volume, lot
0.01
Max volume, lot
100
Step volume, lot
0.01
Stops level
0
Avg spread, pips
1.6
Commission, per lot/side USD
0
Margin
0.03%
Long swap, points
0
Short swap, points
-20.4
3 days swap
Wednesday
Profit currency
CAD
Trading time (MT server time)
Market is open. Closes in 09h 43m
Sunday -
Monday 00:02 - 24:00
Tuesday 00:00 - 24:00
Wednesday 00:00 - 24:00
Thursday 00:00 - 24:00
Friday 00:00 - 23:58
Saturday -
Description

The CADJPY currency pair shows the exchange rate between the Canadian dollar (CAD) and the Japanese yen (JPY). It indicates how many Japanese yen are needed to purchase one Canadian dollar.

Factors influencing CADJPY:

  • Commodity prices: Canada’s economy is heavily influenced by oil prices, affecting the CAD.
  • Economic indicators: Data such as GDP growth, employment rates, and trade balances from both countries.
  • Monetary policy: Interest rate decisions by the Bank of Canada and the Bank of Japan.