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Gold vs Yen - XAU JPY Trading
Gold JPY Description
The personal composite instrument called «&XAUJPY» reflects the price dynamics of Gold vs Yen. The base part of the instrument contains 1 ounce of Gold, the quoted part – 100 Japanese yen. The asset percentage content of the instrument is calculated based on the asset price quotations as on the instrument creation date.
The trading instrument &XAUJPY is used for the analysis and trade of Gold quoted against one of the major Asian currencies – the Japanese yen. The turnover of precious metals, especially Gold, historically plays an important role in the economies of Asian countries.
Structure
Parameters
Trading hours
Structure
&XAUJPY | № | Asset | Volume / 1 PCI | Percentage | Volume (USD) / 1 PCI | Unit of measurеment |
---|---|---|---|---|---|---|
Base part | 1 | XAU | 1.0000 | 1.220 | 1224.8400 | oz |
Quoted part | 1 | JPY | 100.000 | 0.9200 | 0.9200 | JPY |
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 — 22:15, 23:00 — 24:00 | 00:00 — 22:15, 23:00 — 24:00 |
Tuesday | 00:00 — 22:15, 23:00 — 24:00 | 00:00 — 22:15, 23:00 — 24:00 |
Wednesday | 00:00 — 22:15, 23:00 — 24:00 | 00:00 — 22:15, 23:00 — 24:00 |
Thursday | 00:00 — 22:15, 23:00 — 24:00 | 00:00 — 22:15, 23:00 — 24:00 |
Friday | 00:00 — 22:00 | 00:00 — 22:00 |
Saturday | — | — |
Sunday | — | — |
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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