Wednesday, July 4, 2007

Years ago, it was the gnomes of Zurich who shook the foreign exchange markets. They have now been replaced by the housewives of Tokyo, who speculate in various currencies,” Nishimura said.

Japan's office workers, housewives flock to forex

Japanese retail investors play a growing role in the foreign exchange market, with the volume of currency margin trading on the Tokyo Financial Exchange (TFX) jumping 45 percent in June from May, data showed on Tuesday.

Posted by chris @ 02:27 AM (279 views)
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