Chinese Yuan vs Japanese Yen - CNH JPY Trading

Chinese Yuan vs Japanese Yen Investing

Type:

PCI

Instrument : &CNHJPY

&CNHJPY Live Chart Ready to start trading?

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Status: Closed Trading

Change:

Prev. closing

Open price

Today, max.

Today, min.

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.

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.

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Structure

Parameters

Trading hours

Application field

Structure

PCI Components and their volume

Swipe table

&CNHJPY	№	Asset	Volume / 1 PCI	Percentage	Volume (USD) / 1 PCI	Unit of measurеment
Base part	1	CNH	1.0000	0.160	0.1600	CNH
Quoted part	1	JPY	1.000	0.0100	0.0100	JPY

Parameters

PCI main trading conditions

Swipe table

The volume to calculate Swap and 1 pip value

100000

The size of 1 pip

0.0001

Margin in USD for the volume and leverage of 1:100

159.32 USD

Creation date

2014-09-26

	Standard	Beginner	Demo
Fixed spread, pip
Floating Spread, pip
Order distance, pip
Swap (long/short) in pips on Vol
Available volumes
The value of 1 pip in USD for the Vol

Trading hours

PCI active trading hours

Week day	Trading hours (CET)	Local trading hours
Monday	00:00 — 24:00	00:00 — 24:00
Tuesday	00:00 — 24:00	00:00 — 24:00
Wednesday	00:00 — 24:00	00:00 — 24:00
Thursday	00:00 — 24:00	00:00 — 24:00
Friday	00:00 — 22:00	00:00 — 22:00
Saturday	—	—
Sunday	—	—

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Application field

How can PCI be applied in trading?

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.