Middle-aged Men Fuel $67 Trillion Japan Foreign Exchange Trading Surge
In Tokyo, it is a familiar sight to see salarymen engrossed in their phones while commuting on the subway. However, not all of them are playing Pokémon Go; a significant number are actually using trading apps to actively engage in buying and selling the yen, aiming to make profits from quick fluctuations in its value. Retail currency traders are having a field day as speculation mounts that the Bank of Japan is moving closer to raising its key interest rates, with some betting on a move as soon as next…
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