CADJPYCanadian Dollar / Japanese Yen — Live Price & Chart

CADJPY measures how many units of JPY one unit of CAD buys — in other words, the exchange rate of the Canadian dollar, a 'commodity currency' that tracks crude oil prices and Bank of Canada policy against the Japanese yen, a classic safe-haven and funding currency that strengthens when global risk appetite falls and is heavily influenced by Bank of Japan policy.

This cross links the oil-sensitive Canadian dollar with the safe-haven yen, so crude prices and global risk sentiment do most of the work. It often trends cleanly in the direction of the oil market.

Canadian Dollar / Japanese Yen is a currency pair combining the Canadian dollar, a 'commodity currency' that tracks crude oil prices and Bank of Canada policy with the Japanese yen, a classic safe-haven and funding currency that strengthens when global risk appetite falls and is heavily influenced by Bank of Japan policy. Forex trades 24 hours a day from the Monday Sydney open to the Friday New York close, with the deepest liquidity during the London–New York overlap. Its moderate daily range suits both day traders and position traders. The pair is followed by retail day traders, bank desks and macro funds alike.