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CADJPY

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    105.9675$
  • Previous Close
    106.3822$
  • 52 Week Change
    --
  • Day Range
    -0.41$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

CADJPY.FOREX typically refers to the exchange rate between the Canadian dollar (CAD) and the Japanese yen (JPY) in the foreign exchange (forex) market. It represents the price of one Canadian dollar in terms of Japanese yen. The ".FOREX" suffix is a common convention used by various data providers or trading platforms to explicitly indicate that the symbol pertains to a forex currency pair. So, if the rate is, for example, 1 CAD = 110 JPY, then CADJPY = 110.

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Factors

CAD/JPY's price is influenced by: Oil Prices: CAD is correlated with oil; rising oil often strengthens CAD.

Interest Rate Differentials: Difference between Bank of Canada & BOJ rates affects relative attractiveness.

Global Risk Sentiment: JPY is a safe-haven; risk aversion strengthens JPY, weakening CAD/JPY.

Canadian Economic Data: Strong GDP, employment boost CAD.

Japanese Economic Data: Strong GDP, inflation support JPY.

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