Trading The CAD/JPY (Canadian Dollar/Japanese Yen)

The CAD/JPY (Canadian Dollar/Japanese Yen) is the relation of the Canadian Dollar against the Japanese Yen. The CAD/JPY cross currency gives one the possibility to convert Canadian Dollar’s directly into Japanese Yen’s (1 CAD per x JPY).

Forex Knowledge: Trading the Canadian Dollar/Japanese Yen

  • Typical broker spread: 3-5 pips
  • Most active trading sessions: Euro and US session / CAD & JPY economic events
  • Most active trading hours: 5:30 GMT -18:30 GMT
  • Average daily range (high-low): 116 pips
  • Trading strategies to trade CAD/JPY: Click here
  • Recommended level of trading experience: Expert
  • Value of one pip CAD/JPY: Variable





Economic Events That Move CAD/JPY

A. CANADA

International Merchandise Trade
Gross Domestic Product Quarterly (GDP)
Ivey Purchasing Managers Index (PMI)
Leading Indicators
Consumer Price Index (CPI)
Retail Sales
Bank of Canada Rate Decision
Bank of Canada Governor Speaks
Net Change in Employment

B. JAPAN

Trade Balance
Merchandise Trade Balance Monthly
Gross Domestic Product Quarterly (GDP)
Tankan Survey
Tertiary Industry Index
Leading Economic Index
Consumer Price Index (CPI)
Domestic CGPI
BoJ Monetary Policy Meeting and Announcement
BOJ Monetary Policy Meeting Minutes
BoJ Monetary Policy Monthly Report