Tuesday, June 19, 2007

More on Japanese retail investors participating in carry trade

According to Marketwatch, "Analysts said the yen has also been pressured by growing appetites for risk among Japanese individuals who are borrowing in yen to fund positions in higher-yielding currencies. Currency trading by Japanese individuals rose to record $11 billion per day in the fiscal year ended in March -- a threefold increase from a year earlier, according to figures from Tokyo firm

No comments:

Post a Comment