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Japanese Yen Index - JPY Index Trading
Japanese Yen Index Investing
Type:
PCIInstrument : &JPY_Index
Yen Index Description
The currency index is used for analysis and trading of the Japanese yen JPY against the rest of the Forex market. A portfolio of most liquid currencies is used as a market systemic indicator: EUR, USD, GBP, AUD, CHF, CAD.
Advantage
The following are the advantages of the currency index &JPY_Index : (a) the index reaction to the fundamental events in Japan’s economy is the most obvious and stable, (b) the index sensitivity to fundamental events in other currency zones is minimal, which allows to detect low-volatility trend movement of the index that characterizes objectively the state of Japan’s economy. The theoretical bases for the component composition of the index can be found below in the section “Application field".
Structure
Parameters
Trading hours
Structure
&JPY_Index | № | Asset | Volume / 1 PCI | Percentage | Volume (USD) / 1 PCI | Unit of measurеment |
---|---|---|---|---|---|---|
Base part | 1 | JPY | 100097.7009 | 85.000 | 850.0000 | JPY |
Quoted part | 1 | AUD | 242.251 | 19.2800 | 192.8000 | AUD |
2 | CAD | 247.838 | 19.9100 | 199.1000 | CAD | |
3 | CHF | 180.283 | 19.9100 | 199.1000 | CHF | |
4 | EUR | 154.418 | 17.4800 | 174.8000 | EUR | |
5 | GBP | 131.210 | 19.9100 | 199.1000 | GBP | |
6 | USD | 35.100 | 3.5100 | 35.1000 | USD |
Parameters
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
Week day | Server time (CET) | Local 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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