CADJPY chart

CADJPY chart by TradingView

CAD/JPY

The cross between the Canadian Dollar and the Japanese Yen is seen as a strong substitute for the USD/JPY pair when a trader is wary of trading the US Dollar. However, CAD/JPY is historically more sensitive to changes in market-wide sentiment than USD/JPY due to the historically higher yield attached to the Canadian Dollar. Further, the 'Loonie' - as the Canadian Dollar is known - is affected by oil prices because of Canada's energy exports.


News


Canadian Dollar Technical Analysis Overview: USDCAD, CADJPY, AUDCAD

USDCAD uptrend remains intact, however, 1.3520 break is needed to extend gains. CADJPY outlook remains bearish, AUDUCAD tests March lows.
Continue Reading


Canadian Dollar Technical Analysis Overview: USDCAD, CADJPY


Top 5 Events: April Canada Jobs Report & USDCAD Price Forecast


Top 5 Events: February Canada GDP & USDCAD Price Forecast


Canadian Dollar Swoons in Response to Dovish Bank of Canada Remarks


Real Time News



Advertisement

Pivot Points data provided by IG

Get Your Free Top Trading Opportunities Forecast

Please enter valid First Name
Please fill out this field.
Please enter valid Last Name
Please fill out this field.
Please enter valid email
Please fill out this field.
Please select a country

I’d like to receive information from DailyFX and IG about trading opportunities and their products and services via email.

Please fill out this field.

Your Forecast Is Headed to Your Inbox

But don't just read our analysis - put it to the rest. Your forecast comes with a free demo account from our provider, IG, so you can try out trading with zero risk.

Your demo is preloaded with £10,000 virtual funds, which you can use to trade over 10,000 live global markets.

We'll email you login details shortly.

Learn More about Your Demo

Your forecast is headed to your inbox

DailyFX.com – the news, research and analysis website provided by IG – is one of the world's leading sources for news and analysis across currencies, commodities and indices.

Discover our extensive calendar of free educational webinars and test your trading skills, risk-free, with an IG demo account.

Read more articles on DailyFX

An error occurred submitting your form.
Please try again later.

Advertisement

Forex Economic Calendar

A:  Actual   F:  Forecast     P:  Previous