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The US Dollar against the Japanese yen (USDJPY) is a volatile and liquid Forex pair. USDJPY, along with EURUSD and GBPUSD, offers the lowest trading spreads in the Foreign Exchange market.

• USDJPY accounts for 21.8% of the total Foreign Exchange market volume

• The Japanese Yen weighs 13.6% of the US Dollar Index

■ USDJPY TRADING

• Best Time to Trade USDJPY: during the Asian session, but also the late US session

• Best Months to go Long on USDJPY:  MARCH

• Best Months to go Short on USDJPY:  AUGUST

• USDJPY Positive Correlations: US Stock Market | GBPCHF

  Read more: The US Dollar against the Japanese Yen (USDJPY)

The British Pound Sterling against the US Dollar (GBPUSD) is a very liquid Forex pair.

• The most active hours of GBP/USD are between 8:00 am (EST) and 12:00 noon (EST), as both the US and the European Markets are open for trading

• GBPUSD accounts for about 11.4% of the Foreign Exchange market volume

■ GBPUSD TRADING

• Best Time to Trade: 08.00 GMT and 15.00 GMT

• Best Months to go Long:  APRIL | JUNE

• Best Months to go Short:  MAY

• Correlation: EURUSD

The US Dollar against the Swiss Franc (USDCHF) accounts for 4.4% of the total Foreign Exchange market volume.

• CHF weights 3.6% in the US Dollar Index
• The Swiss Franc is the is used in Switzerland, Liechtenstein, and Campione d’ Italia.

■ USDCHF TRADING INFO

• The best time to trade USDCHF: is between 13:00 GMT and 14:00 GMT

• Best Months to go Long:  NO

• Best Months to go Short:  JUNE | DECEMBER

• Positive Correlations: USDJPY | GBPJPY

• Negative Correlations: EURUSD | GBPUSD | AUDUSD

The US Dollar against the Canadian Dollar (USDCAD) is a medium-volatility financial asset and a relatively liquid Forex pair. USDCAD is highly correlated to the price of crude oil.

■ USDCAD TRADING

Canada is a major commodity exporter, and that includes crude oil, natural gas, ferrous metals, and non-ferrous metals. Canada exports about 2 million oil barrels to the United States daily. Overall, 85% of all Canadian exports are going to the United States.

• Best Time to Trade: between 01:00 GMT and 09.00 GMT

• Best Months to go Long:  OCTOBER

• Best Months to go Short:  APRIL

• Correlations: CRUDE OIL ( a positive correlation of 0.75-0.80)

  Read more: The US Dollar against the Canadian Dollar (USDCAD)