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CAD/JPY: the rate of the Canadian dollar to the Japanese yen. It’s traded most actively during the American and Asian trading sessions. The pair's chart is characterized by frequent swings. CAD/JPY is heavily influenced by oil prices and prices of goods exported by Canada and Japan, as well as by important economic data: interest rate changes, oil quotes, balances of trade. The pair is well-suited for long-term and short-term trading. There’s a positive correlation of this currency pair with EUR/JPY.
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