Spread represents the difference between ASK price and BID price. CFD Rollover adjustment consists of the difference in price between expiring contract and new contract as well as the spread of the CFD. Swap is the overnight interest credited to or debited from an account where positions are held overnight. For further information, please refer to our Frequently Asked Questions page.
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About Cad-Jpy and Cad-Jpy Trading
What type of currency pair is CAD/JPY?
The CAD/JPY is a minor currency pair, as it consists of a major currency (JPY – the Japanese Yen) and another currency (CAD – Canadian Dollar).
The Japanese Yen is the quote currency, and the Canadian Dollar is the base currency. The CAD/JPY currency pair shows traders how much the CAD is worth when compared to the JPY.
Drivers for the CAD/JPY currency pair
The CAD/JPY pair is affected by major factors such as supply and demand, interest rates, political stability, and economic growth.
Additionally, the Japanese Yen is considered one of the safe-haven currencies, while the Canadian Dollar is positively correlated with oil prices. Both of these factors impact the CAD/JPY prices.
How can you trade the USD/CNH currency pair?
At CAPEX.com you can follow the USD/CNH live chart to trade on the price movements of this currency pair through CFDs. If you think that prices will go up, you can open a long position (BUY). If you think prices will decrease, you can open a short position (SELL).
When can you trade the USD/CNH pair?
Here at CAPEX.com you can trade the NZD/CHF pair from Sunday to Friday, between 21:05-20:55 GMT. If you cannot trade at those hours, you can always pick another currency pair, as we have more than 55 FX pairs available.