Canadian Dollar / Japanese Yen

No trades
No trades

Peers for comparison



Key data points


Volume
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Previous close
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Open
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Day's range
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Pair info


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.

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Summarizing what the indicators are suggesting.
Oscillators
Neutral
Oscillators
Neutral
Summary
Neutral
Summary
Neutral
Summary
Neutral
Moving Averages
Neutral
Moving Averages
Neutral
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently asked questions


Markets don't sleep, here's what's going on with CADJPY at the moment:
– investingLive Asia-pacific FX news wrap 19 Aug: Like watching paint dry
– Important implied volatility levels for USDCAD, EURCAD, GBPCAD and CADJPY
– JP Morgan favour short CAD, long JPY

See more updates in real-time with our News Flow.
The safest way to trade CADJPY is through a reliable broker. Create an account, fund it, and place a buy order.

You can trade CADJPY directly from TradingView:
– Choose a broker: Explore our supported trading partners and pick one that fits your needs
– Compare options: View available brokers side by side to evaluate fees and features
– Connect your account: Open Supercharts, click "Trade", select your broker, and log in
– Start trading: Place orders without leaving the chart

Tip: If you're new to trading, try paper trading first — it lets you practice strategies in real market conditions without risking funds.
It's worth checking CADJPY rate change for various periods to get the full picture:
– 1 day — −0.68%
– 1 week — −0.10%
– 1 month — +1.17%

CADJPY's all-time low was 72.130 JPY (Oct 4, 2011), and its highest price is 118.846 JPY (Jul 10, 2024). Track the dynamics with the latest forex news right on TradingView.
When trading CADJPY, one should keep in mind many factors.

First, analyze the fundamentals:
– Macroeconomic data: Inflation, GDP, employment, and other key indicators in the economies behind both currencies
– Central bank policy: Interest rate decisions and monetary policy from the respective central banks
– Market sentiment: Check what other traders anticipate
– News flow: Geopolitical events and economic releases

Then check technical ratings:
– Today — sell
– 1-week — sell
– 1-month — buy

Identify the trend, watch key levels (support and resistance), consider volatility and upcoming economic events. Then, you'll be closer to an informed decision.
CADJPY is a minor currency pair (also known as a cross pair), meaning it includes two major currencies but doesn't involve the US dollar.

What it means for traders:
– No USD exposure: Reflects the relative strength of two non-USD economies
– Lower liquidity than major pairs: Generally traded less than major currency pairs, but still widely available
– Potentially wider spreads: Trading costs may be higher than for major pairs

What to keep in mind about cross pairs:
– Region-focused moves: Often influenced by economic data and monetary policy in the two regions involved
– Direct currency comparison: Useful for comparing currencies without the influence of the US dollar
– Different volatility profile: May behave differently from major pairs, especially during regional events

Track rate movements on the CADJPY chart and follow the latest forex news to stay informed.
CADJPY volatility measures how much the exchange rate fluctuates over time, i.e. how quickly and how strongly it moves up or down.

The current volatility rating is 0.67%.

What it means for traders:
– Higher volatility: Larger and faster price swings → higher risk and opportunity
– Lower volatility: More stable price movement → smaller trading ranges
– Market behavior: Volatility often increases during major economic news or central bank decisions

Volatility helps traders estimate risk and position sizing. It's also useful for adapting strategies to market conditions.

How to use volatility:
– Compare volatility across other currency pairs
– Combine with technical analysis (trends, support/resistance)
– Monitor economic events that may increase market movement
CADJPY is quoted as how many JPY (quote currency) it takes to buy one CAD (base currency).

For example, if the pair trades at 1.50, it means 1 CAD = 1.50 JPY.

What can influence the rate:
– Supply and demand: Driven by trade, investment flows, and speculation
– Economic data: Inflation, GDP, employment reports
– Central bank policy: Interest rates and monetary decisions

Follow these and more events in the Economic Calendar.