[CAD/JPY] Falling After Reaching a Peak
The Canadian dollar rose to 105.06 yen after the U.S. jobs report last week, but then started to fall in the Tokyo market at the beginning of this week. A …
The Canadian dollar rose to 105.06 yen after the U.S. jobs report last week, but then started to fall in the Tokyo market at the beginning of this week. A …
In Canada’s general election, the Liberal Party led by Prime Minister Carney won. At first, this news caused the Canadian dollar to rise against the yen.However, the party only won …
At the end of last week, the Canadian dollar rose against the yen to 103.94 yen as the yen became weaker. From the Tokyo market to the European market this …
Last week, the Bank of Canada (BOC) decided to keep its interest rate at 2.75%. Some people expected a rate cut, so after the announcement, the Canadian dollar was bought. …
During Tokyo trading hours, Japan’s Economic Revitalization Minister Akazawa said that Japan and the U.S. will closely discuss currency issues. This caused people to buy more yen, and the CAD/JPY …
After President Trump announced new car tariffs, the Canadian dollar fell to 105.02 yen but later went up to 105.81 yen in the European market. However, after the U.S. GDP …
The trade war is getting worse as Canada adds tariffs on U.S. goods in response to U.S. tariffs. However, Canada is in a weaker position, and its economy may suffer …
Canada’s February inflation rate was 2.6%, higher than the expected 2.2%. Since this is well above the Bank of Canada’s (BOC) 2% target, expectations for interest rate cuts in Canada …
Yesterday, CAD/JPY struggled to rise. During Tokyo trading hours, Japan’s central bank governor made positive comments about a possible interest rate hike, making the yen stronger and pushing CAD/JPY down …
CAD/JPY dropped to 101.49 in the Tokyo market but later rose to 102.77. However, after President Trump ordered higher tariffs on Canadian steel and aluminum (from 25% to 50%), CAD/JPY …