Currencies · Currency · JPYCAD
JPY/CAD
0.01 USD
−0.0001(−0.60%)downPrevious close · 00:50 ET
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What this measures
The Japanese yen expressed in Canadian dollars.
What moves it
- Bank of Japan policy normalisation.
- Global carry-trade positioning.
The Canadian angle
The yen is a funding currency: sharp yen strength typically coincides with global risk-off, which pressures Canadian small caps disproportionately.
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