Representing the US dollar against the Japanese Yen, this is a heavily traded pair. Recent attempts by the Bank of Japan to expand their purchase of Yen, boosted exports but devalued the Yen and raised import prices. Using this currency pairing is sometimes called "Trading the Ninja". The Japanese economy relies heavily on exports to the US, making the USD/JPY an interesting pairing.
CM Trading is the Brand name of
Global Capital Markets Trading and BLACKSTONE Marketing SA(PTY)LTD (GCMT SA)
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HIGH RISK WARNING:
Trading Foreign Exchange (Forex) and Contracts for Differences (CFD’s) is highly speculative, carries a high level of risk and may not be suitable for all investors. You may sustain a loss of some or all of your invested capital, therefore, you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with trading on margin.