CAD/JPY
Market Open
14 Sep, 08:56
¥
111. 25
+0.625
+0.565%
¥
95,336 Volume
¥ 110.62
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CADJPY Overview
CADJPY is the currency pair that indicates how many Japanese yen are required to buy one Canadian dollar. It reflects the relative value of the Canadian dollar quoted against the Japanese yen and is quoted as CADJPY in FX markets.
The Canadian dollar (CAD) is the official currency of Canada and serves as legal tender across the country. Issued and regulated by the Bank of Canada, the CAD is often influenced by Canada’s commodity exports and domestic economic indicators.
The Japanese yen (JPY) is Japan’s national currency and a primary global reserve and settlement currency. The Bank of Japan is responsible for issuing and managing the yen, with monetary policy decisions that can affect its international value and liquidity.
Movements in the CADJPY exchange rate are determined by supply and demand dynamics in the foreign exchange market. Interest rate differentials, inflation trends, central bank policy actions, commodity prices, and geopolitical developments all play a role in shifting the pair’s value.
Traders, exporters, and investors monitor CADJPY for hedging and speculative opportunities, as it can reflect differences in economic cycles between a resource-exporting economy and a major industrial economy.
The Canadian dollar (CAD) is the official currency of Canada and serves as legal tender across the country. Issued and regulated by the Bank of Canada, the CAD is often influenced by Canada’s commodity exports and domestic economic indicators.
The Japanese yen (JPY) is Japan’s national currency and a primary global reserve and settlement currency. The Bank of Japan is responsible for issuing and managing the yen, with monetary policy decisions that can affect its international value and liquidity.
Movements in the CADJPY exchange rate are determined by supply and demand dynamics in the foreign exchange market. Interest rate differentials, inflation trends, central bank policy actions, commodity prices, and geopolitical developments all play a role in shifting the pair’s value.
Traders, exporters, and investors monitor CADJPY for hedging and speculative opportunities, as it can reflect differences in economic cycles between a resource-exporting economy and a major industrial economy.
CADJPY Chart
CADJPY Wave Analysis
CADJPY currency pair recently reversed from the support zone located between the strong support level 111.00 (which stopped earlier sharp downward impulse wave (C) at the end of July) and the lower daily Bollinger Band.
Actionforex | 5 days ago
Oil Shock Is Working Twice for CAD/JPY — Can It Reach 120?
TL;DR: Brent's break above $90 is doing double duty for CAD/JPY — strengthening Canada's terms of trade while pushing global bond yields higher and deepening Yen funding pressure — and this time Canada's own data are contributing too, unlike June's Yen-only rally.
Actionforex | 3 weeks ago
CADJPY Wave Analysis
CADJPY currency pair recently reversed from the support zone between the key support level 111.85 (which has been reversing the price from January), 50% Fibonacci correction of the upward impulse from October and the lower daily Bollinger Band.
Actionforex | 1 month ago
CADJPY FAQ
What is the current CAD/JPY price?
The current rate is ¥111.245000, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the CAD/JPY rate changed today?
The rate has changed by +0.625 (+0.565%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was ¥110.620000, which serves as a reference point for measuring daily performance.
What does the daily range indicate?
The range shows the lowest and highest levels reached during the current trading session, helping assess volatility.
Why is CAD/JPY moving up or down?
Movements in CAD/JPY are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (+0.565%) is based on the difference between the current rate and the previous closing rate.
Is CAD/JPY trending up or down right now?
If the current rate (¥111.245000) is above the previous close (¥110.620000), it indicates upward movement. If below, it suggests a downward trend.
Where can I track live rates and charts?
You can monitor real-time rates, charts, and key market data for CAD/JPY directly on this page.
