LONG
The CADJPY is the paring of the Canadian Dollar and Japanese Yen. Since Japan is the third large net importer of oil and Canada is the sixth largest oil-producing, oil prices have a considerable influence on the pair. its daily average movement in pips is 126.8 and it correlates with NZDJPY, GBPJPY and EURJPY.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.