About Trade CAD/JPY online
CAD (Canadian dollar)
Currency unit of Canada. It belongs to a group of commodity currencies
Issued by: Bank of Canada
Price dynamics mainly depends on the oil prices, interest rates of Bank of Canada, inflation and growth rates of Canadian economy.
JPY (Japanese yen)
Currency unit of Japan. It is one of the main currencies of Asian-Pacific Region with a floating rate.
Issued by: Bank of Japan
Price dynamics depends on the interest rates of Bank of Japan, inflation and growth rates of the region’s economy. For many years the main priority for the country has been a stimulation of the growth and a fight with deflation by means of capping the national currency appreciation.