Japanese Housewife Online Traders - Ms Kei has been trading online since 1999
Another such housewife, Ms Kei, got involved in the stock and currency markets in 1999 when online trading was still relatively new. She started off in stocks and then dabbled in currency, trading between the Japanese and US currencies, which, in quite an incestuous way, have the lowest commission required as payment when trading between the two. By Ms Kei’s own admission of “chickening out,” she sold her modest ¥100,000 in US currency after only a few months in 2005 as the US dollar at that time was devaluing. Incidentally, according to Bloomberg, as of November 27 in New York, the yen was at its highest against the US dollar since 2005 at 107.23.
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