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Ruble vs Yen - Ruble vs Yen Trading
Ruble vs Yen Description
The personal composite instrument «&RUBJPY» reflects the price dynamics of Ruble against Yen. The base part of this instrument is composed of 1 Russian ruble, 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 personal composite instrument «&RUBJPY» is used for the analysis and trade of the currency cross rate of the Russian ruble and Japanese yen. The dynamics of this cross rate is an important indicator of the currency markets of the trading partners – Russia and Japan.
Structure
Parameters
Trading hours
Application field
Structure
&RUBJPY | № | Asset | Volume / 1 PCI | Percentage | Volume (USD) / 1 PCI | Unit of measurеment |
---|---|---|---|---|---|---|
Base part | 1 | RUB | 1.0000 | 0.000 | 0.0200 | RUB |
Quoted part | 1 | JPY | 1.000 | 0.0000 | 0.0100 | 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 | 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 | — | — |
Application field
The personal trading instrument &RUBJPY is used for trade and dynamics analysis of Russian ruble vs the Japanese yen, as well as multi-year comparative analysis of the dynamics of major world currencies against Yen. For example, by building a percentage chart in the NetTradeX terminal for 5 currencies (EUR, GBP, USD, AUD, CNH, RUB) against Yen, (Fig. 1), it is evident that in the last 4 years the currency that gained the most against Yen is the Chinese yuan (52%), while Ruble fell slightly against Yen (-4%).
To trade PCI instruments offered exclusively by IFC Markets, you need to open a free account and download the NetTradeX platform.