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


CAD/JPY Bouncing From Key Support Zone

BoC Kept Unchanged Its Interest Rate At 0.50%. CAD/JPY Short-Term Golden Cross, Important Long-Term Support Zone Level For CAD/JPY.
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USD/CAD Back to Lows Despite May Canadian CPI Missing Expectations


Strategy Video: Measuring Your Own Conviction to Select Trades


Keep an Eye on the Big Picture for USD, JPY, Silver Prices Next Week


CAD/JPY Bearish Below March High; Break Sub-84.57 to Fuel Losses


Real Time News


Analyst Picks

Michael Boutros   

Currency Strategist

My Picks: Near-term Setups in EURAUD, GBPUSD, AUDJPY & CADJPY
Expertise: Near-term Technicals
Average Time Frame of Trades: 1-2 Days

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