CNH JPY | Yuan vs Yen Investing | Chinese Yuan vs Japanese Yen | &CNHJPY | IFCM Iran
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Chinese Yuan vs Japanese Yen - CNH JPY Trading

Chinese Yuan vs Japanese Yen Investing

Type:

PCI

Instrument : &CNHJPY

&CNHJPY - IFC Markets
&CNHJPY Live Chart Ready to start trading?

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0
Leverage 1:100
Margin 1000
Calculation base
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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Use these instruments for analysis and trading
Available exclusively in IFC Markets

Structure

Parameters

Trading hours

Application field

Structure
PCI Components and their volume
Swipe table
&CNHJPY№AssetVolume / 1 PCIPercentageVolume (USD) / 1 PCIUnit of measurеment
Base part1CNH1.00000.1600.1600CNH
Quoted part1JPY1.0000.01000.0100JPY

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
StandardBeginnerDemo
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 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
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.

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.

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