Today's JPY to CAD Price Update

Summary

This report provides the real-time exchange rate between the Japanese Yen (JPY) and Canadian Dollar (CAD), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The Japanese Yen (JPY) is a major fiat currency and safe-haven asset in global forex markets, while the Canadian Dollar (CAD) is a commodity-linked currency closely tied to crude oil prices and North American economic performance. The exchange rate between them reflects both the Bank of Japan’s monetary policy stance and the Bank of Canada’s interest rate decisions, as well as broader risk sentiment in financial markets.

Today’s Price

• 1 JPY = 0.00884 CAD
• 24h High: 0.0088521 CAD
• 24h Low: 0.0088372 CAD

Market Analysis

Recently, the JPY/CAD pair has demonstrated exceptional volatility in 2025, with the broader CAD/JPY pair fluctuating between 105.50 and 112.30, creating significant trading opportunities. The pair’s movement is primarily driven by Bank of Canada interest rate decisions, Bank of Japan’s defensive monetary policies, and crude oil price action, which maintains an 80% correlation with CAD strength.

• Technical levels: Key support zones at 111.55, 111.43, and 111.37 (CAD/JPY); resistance near 111.95–112.00 supply zone
• Risk note: The pair shows heightened sensitivity to risk sentiment changes, with periods of risk-off favoring the safe-haven JPY over the higher-yielding CAD
• Trading opportunities: Optimal liquidity windows occur during 16:00–20:00 GMT (Asian-American session overlap) and 08:00–12:00 GMT (London-Asian overlap); monitor upcoming BoC and BoJ calendar events for directional catalysts

Conclusion

Continue to monitor the JPY/CAD pair closely, integrating central bank policy expectations, crude oil trends, and technical support/resistance levels into your trading strategy. For active traders, focus on identified liquidity windows and pre-trade checklist items including USD/JPY direction confirmation and RSI level assessment to capture the substantial daily price movements characteristic of this currency pair.