Chinese Yuan vs Japanese Yen - CNH JPY Trading


&CNHJPY

Instrument - &CNHJPY

Type - PCI

Structure - Currency

Chinese Yuan vs Japanese Yen Investing

CNHJPY
Status: Closed Trading
Change:
Prev. closing
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Open price
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Today, max.
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Today, min.
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Change, daily
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Yuan vs Yen Description

Personal composite instrument called «&CNHJPY» reflects the price dynamics of Yuan against Yen. The base part of this instrument is composed of 1 Chinese yuan, and the quoted part – 1 Japanese yen. The asset percentage content of the instrument is estimated on the basis of asset prices on the instrument creation date.

Created by professionals for professionals

The trading instrument &CNHJPY is used for the analysis and trade of the cross rate of two major Asian currencies - the Japanese yen and the Chinese yuan. The dynamics of this cross rate is an important indicator of the exchange market of Asia.

Please, choose the section:

Structure

PCI Components and their volume

Parameters

PCI main trading conditions

Trading hours

PCI active trading hours

Application field

How can PCI be applied in trading?

&CNHJPYAssetVolume / 1 PCIPercentageVolume (USD) / 1 PCIUnit of measurеment
Base part1CNH1.00000.1600.1600CNH
Quoted part1JPY1.0000.01000.0100JPY
  • The volume to calculate Swap and 1 pip value
  • The size of 1 pip
  • Margin in USD for the volume and leverage of 1:100
  • 100000
  • 0.0001
  • 158.35 USD

Creation date

2014-09-26
StandardBeginnerDemo
Spread
in pips
000
Order distance
in pips
---
Swap (long/short) in pips on Vol-1.959 / -6.716-1.959 / -6.716-1.959 / -6.716
Available
volumes
>=63157.00631.57 – 631419.99>=631.57
The value of 1 pip in USD for the Vol000
Week dayTrading hours (CET)Local trading hours
Monday 00:00 — 24:0000:00 — 24:00
Tuesday00:00 — 24:0000:00 — 24:00
Wednesday00:00 — 24:0000:00 — 24:00
Thursday00:00 — 24:0000:00 — 24:00
Friday00:00 — 22:0000:00 — 22:00

The personal composite trading instrument &CNHJPY can be used for trade and dynamics analysis of Yuan against Yen, as well as multi-year comparative dynamics analysis of major global currencies vs. Yen. For example, by building a percentage chart in the NetTradeX terminal for five currencies (EUR, GBP, USD, AUD, CNH) against Yen (Рict. 1), it is evident that in the last 4 years it is the Yuan that rose most against Yen.

Yuan vs Yen
Limit volumes (USD) for base and quoted parts = 100000.00 ; 100.00.

To trade PCI instruments offered exclusively by IFC Markets, you need to open a free account and download the NetTradeX platform.