TRY/JPY

6.93
0.07%
Daily
  • L. 6.91
  • H. 6.942
  • Ch. -0.005
  • Ch.% -0.07%
Overview
Costs & Margins
  • TRY/JPY is an exotic forex pair representing how many Japanese yen equal one Turkish lira. The pair is influenced by a wide variety of factors such as the value of US treasuries, the geopolitical stability of Turkey and other middle eastern countries, and monetary policy from both countries’ central banks.

    Because of Japan’s low interest rates, the yen is seen as a safe-haven currency. Traders and investors may move positions to JPY when global economic conditions become rocky, raising the yen’s value. The lira meanwhile has depreciated for decades due to political instability and outstanding foreign debt in Turkey.

  • Margin From
    12.0 %
  • Trading Hours
    24 hours / day *
  • Min Trade Size
    1000
  • Long
    -0.16
  • Short
    -0.72
  • Min Stop Distance
    0.09 points
  • Spreads
  • Spreads From
    0.117 Points
  • Margins
  • 0 - 1000 000
    12.0 %
  • 1000 000 - 10000 000
    20.0 %
  • 10000 000 - 25000 000
    30.0 %
  • 25000 000 +
    40.0 %
  • Dealing
  • Spreads
    0.117 Points
  • Margins
  • 0 - 1000 000
    12.0 %
  • 1000 000 - 10000 000
    20.0 %
  • 10000 000 - 25000 000
    30.0 %
  • 25000 000 +
    40.0 %

Pivot points
Dailys
Weekly
Monthly
Pivot point
6.903
Bid
6.863
Offer
6.985
Distance
0
Last Updated: 1/25/2023 10:00:00 PM

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