CAD/JPY: the rate of the Canadian dollar to the Japanese yen. It’s traded most actively during the American and Asian trading sessions. The pair's chart is characterized by frequent swings. CAD/JPY is heavily influenced by oil prices and prices of goods exported by Canada and Japan, as well as by important economic data: interest rate changes, oil quotes, balances of trade. The pair is well-suited for long-term and short-term trading. There’s a positive correlation of this currency pair with EUR/JPY.
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Economic Calendar is one of the most important tools in trading. It's formed by experts based on
Reading the economic calendar is easty. It displays all the events that can affect the direction of the market and helps traders make educated decisions.
What financial news is the most important? First of all, it's interest rates, GDP, employment data, new home sales, inflation. Become our client to get full access to all our analytical materials.
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