CADJPY - BUY

• Carry Trade continues
  
• CAD interest rate 5%
  
• Jappy 0.10%
  
  
• Jappy Yen the only game in town really where Hedge Funds Companies, Banks can Park their money as JPY is also very Liquid.
  
  Current Rates:
  Bank of Canada Interest Rate: 5%
  Bank of Japan Interest Rate: -0.10%
  
  
• Total Profit for 1 Day:
  
• $156.79
  
• +
  
• $0.12 Int
  
• =$156.91
  
  
• So, if you buy 1 lot of CAD/JPY and it moves 18 pips in your favor, and you hold the position overnight, you would make approximately $0.12 in interest.
  
  
• Better than Nothing