LSE company dividends information has been updated. You can find this is in the menu on any Quote page. ADVFN team.


Canadian Dollar vs Japanese Yen

-0.059 (-0.06%)
Name Symbol Market Type
Canadian Dollar vs Japanese Yen FX:CADJPY Forex Exchange Rate
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.059 -0.06% 104.35 104.33 104.37 104.45 104.1975 104.4055 0 03:48:10

Canadian Dollar Advances Amid Higher Oil Prices

27/01/2023 7:26am


Forex Chart

From Dec 2022 to Jun 2023

Click Here for more CAD vs Yen Charts.

The Canadian dollar climbed against its major opponents in the European session on Friday, as better-than-expected U.S. GDP data lifted oil prices.

Crude for March delivery rose $1.12 to $82.13 per barrel.

Higher-than-expected GDP numbers from the U.S. raised hopes of a soft landing for the economy, despite an aggressive monetary tightening path pursued by the Fed.

Investors await U.S. core personal consumption expenditure price index, the Federal Reserve's preferred measure of inflation, due out at 8:30 am ET.

Expectations are for the index to rise by 4.4 percent year-on-year in December, slowing from a 4.7 percent increase in the previous month.

The loonie reached 1.4490 against the euro, its highest level since January 18. The currency is likely to challenge resistance around the 1.42 level.

The loonie recovered to 0.9461 against the aussie and 1.3312 against the greenback, off its early lows of 0.9499 and 1.3347, respectively. The loonie may test resistance around 0.92 against the aussie and 1.32 against the greenback.

The loonie rebounded modestly against the yen, with the pair trading at 97.54. If the loonie rises further, it may locate resistance around the 100.00 level.

Looking ahead, University of Michigan's final consumer sentiment index for January and personal income and spending data and pending home sales for December will be featured in the New York session.

1 Year CAD vs Yen Chart

1 Year CAD vs Yen Chart

1 Month CAD vs Yen Chart

1 Month CAD vs Yen Chart
Your Recent History
CAD vs Yen
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

Log in to ADVFN
Register Now

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

Support: +44 (0) 203 8794 460 |

V: gb D: 20230605 03:03:11