CAD/JPY Exchange Rate
Follow the live CAD/JPY exchange rate, real-time charts, and the oil, policy, and risk-sentiment drivers that define this dynamic currency cross.
- FX crossAsset Class
- CADJPYTicker Symbol
- JPYBase Currency
- Forex CFDTradable Asset
Technical Rating
How to read this rating
The gauge sums up popular indicators and moving averages into one signal for CADJPY, updated as prices move.
- Strong Buy — strong upward momentum.
- Buy — momentum leans up.
- Neutral — no clear direction.
- Sell — momentum leans down.
- Strong Sell — strong downward momentum.
Use it as a guide, not advice — always check the live chart and your own research before trading.
Charts, ratings, and quotes are provided by TradingView for information only. Confirm the exact tradable price in your Centrino Capital platform before placing an order.
About CAD/JPY
CAD/JPY combines the Canadian dollar, a commodity and oil-sensitive currency, with the Japanese yen, a globally recognised safe-haven currency. The result is a pair that is acutely responsive to swings in risk appetite: it tends to rise when commodity demand is strong and investors are confident, and to fall sharply when risk aversion takes hold.
Crude oil prices play a particularly influential role because Canada's export revenues are heavily tied to petroleum. When oil rallies, the Canadian dollar often appreciates, and because the yen benefits from safe-haven flows during stress, the two forces can amplify moves in the cross in either direction.
The policy divergence between the Bank of Canada and the Bank of Japan adds a structural dimension. The BoJ's historically accommodative stance has kept yen yields near zero for extended periods, making CAD/JPY a carry trade candidate when Canadian rates are comparatively elevated.
Key Facts
- Symbol
- CAD/JPY
- Asset class
- FX cross
- Base / Quote
- CAD / JPY
- Pip value
- 0.01
- Trading hours
- 24h, Mon-Fri
- Tradable as
- Forex CFD
What Moves CAD/JPY
Crude Oil Prices
As a major oil exporter, Canada's currency is sensitive to WTI crude prices; rising oil tends to strengthen CAD and lift CAD/JPY.
BoC vs BoJ Policy
The interest-rate differential between the Bank of Canada and the Bank of Japan underpins carry trade flows and the pair's structural direction.
Risk Sentiment
The yen's safe-haven properties mean CAD/JPY can drop quickly during risk-off episodes, making sentiment a key short-term driver.
Chinese Demand
China is a major importer of Canadian raw materials; strong Chinese economic data can boost demand for commodities and support CAD.
US Economic Conditions
Canada's deep trade ties with the United States mean that US growth and employment data have a significant secondary effect on the Canadian dollar.
Why Trade CAD/JPY (CADJPY) CFDs with Centrino Capital?
Tight Spreads
Competitive spreads for cost-efficient access and improved trading potential.
Super-Fast Execution
Lightning-fast order execution with minimal slippage and no requotes.
Flexible Leverage
Trade with flexible leverage options designed to suit your individual strategy.
Markets You Can Trust
Trade on a secure and transparent platform with real market pricing.
How to Trade CAD/JPY
- 1
Open Your Account
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- 2
Fund Your Account
Choose from multiple secure deposit options.
- 3
Search CAD/JPY (CADJPY)
Find CAD/JPY CFDs and analyze the market.
- 4
Place Your Trade
Choose your position size and start trading.
CAD/JPY — Questions
How much is CAD/JPY live price today?
The live CAD/JPY rate is displayed in the interactive chart above, updating continuously through the trading week. Always check the current bid/ask before trading, as the pair can move quickly around risk events.
Can I trade CAD/JPY with leverage?
Yes. Centrino Capital allows eligible clients to trade CAD/JPY as a forex CFD with flexible leverage and transparent margin requirements. Bear in mind that leverage amplifies both gains and losses, and CAD/JPY can be volatile during risk-off events.
How do oil prices influence CAD/JPY?
Oil exports represent a substantial portion of Canadian GDP and export earnings. When crude prices rise, inflows to Canada tend to support the Canadian dollar, which pushes CAD/JPY higher all else being equal. A sharp drop in oil can reverse this quickly.
Is CAD/JPY used as a carry trade?
Yes, CAD/JPY has been used as a carry trade when Canadian interest rates are materially higher than Japanese rates. Traders borrow yen at low cost and hold Canadian dollars to capture the differential, but carry trades can unwind rapidly when risk sentiment deteriorates.
Do I take delivery of currency when trading CAD/JPY?
No. Trading CAD/JPY as a CFD means you are speculating on price movements without physically receiving Canadian dollars or Japanese yen. You can go long or short to reflect your view on the pair.
Disclaimer
This page is for informational purposes only and does not constitute investment advice, financial guidance, or a recommendation to buy or sell CAD/JPY (CADJPY) or any other financial instrument. Live prices and charts are supplied by TradingView and may differ from the tradable prices in the Centrino Capital platform. Trading CFDs is leveraged and carries significant risk to your capital — you may lose more than you expect. Past performance is not indicative of future results. Please ensure you fully understand the risks and conduct your own research before trading. T&Cs apply.
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