CAD/JPY
(Canadian Dollar / Japanese Yen)
The Canadian Dollar vs. the Japanese Yen. When a trader is unsure about trading the US Dollar, the CADJPY is often determined to be a suitable replacement.
However, the historically higher yield of the Canadian dollar in the past has made the CADJPY more sensitive to market wide sentiment changes than the USDJPY. Also, Canada’s large amount of energy exports, most notable oil, causes it to be affected by crude oil prices.
Product Specifications and Information
| Product Name | CAD/JPY |
| Trading Exchange | Spot |
| leverage | up to 1:400 |
| Minimum Fluctuation | 0.001 |
| Spread | 3.3 pips |
| Lot Size | 100,000 |
| Trading Hours | Sunday 21.03 to Friday 20.58 GMT Time |