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


Japanese Yen Weekly Technical Forecast: Pause after Flash Crash Leaves Technicals Unchanged

The high yield, risk-correlated JPY-crosses continued to gain ground alongside equity markets rallying, while the pairs like EUR/JPY and USD/JPY lagged the pack. For these latter two pairs, more downside is not out of the question.
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CAD Technical Analysis Overview: USDCAD, EURCAD, CADJPY


Japanese Yen Weekly Technical Forecast: Flash Crash May Have Been a Red Herring


Top Trade Idea 2019: Bearish CAD/JPY – JPY Strength May Align With Global Risks After CA Data Turndown


Top Trade Idea 2019: Short Canadian and New Zealand Dollars vs. Yen as Global Growth Outlook Darkens


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