- In the foreign exchange world, a collective term for the legions of Japanese housewives who resorted to currency trading in the first decade of the new millennium. With Japanese interest rates near zero percent for most of the decade, their motivation for currency trading was to increase the low returns on their portfolios.
These homemaker-traders are also called "Mrs. Watanabes."
Japanese housewives have had a discernible impact on currency markets. Bank of Japan officials said in 2007 that the housewives' trading activity helped to stabilize currency markets because of their tendency to buy on dips and sell into rallies.
A significant amount of this trading was carried out through online margin accounts, which offered leverage of 20 to 100 times. Carry trades, which involve borrowing in low-interest rate currencies and investing in higher yield assets, were also a favored strategy for many of the Japanese housewives.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
Japanese people in Hong Kong — Ethnic group group=Japanese people in Hong Kong poptime=14,100 popplace=Happy Valley, Shatin, Tai Po, Tai Koo Shing langs=Japanese, English rels= Buddhism, Shintō related=Japanese peopleJapanese people in Hong Kong are composed primarily of… … Wikipedia
Japanese neighborhood — The neighborhood is the next group to which children in Japan are introduced beyond the family. Although the loose, informal groups of children who wandered through villages of the past have no counterpart in contemporary heavily trafficked city… … Wikipedia
Desperate Housewives — Genre Comedy drama Mystery Created by Marc Cherry … Wikipedia
Pilot (Desperate Housewives) — Infobox Television episode Title = Pilot Series = Desperate Housewives Caption = Season = 1 Episode = 1 Airdate = October 3, 2004 Production = 100 Writer = Marc Cherry Director = Charles McDougall Guests = Episode list = List of Desperate… … Wikipedia
Egg (food) — Chicken egg redirects here. For the causality dilemma, see Chicken or the egg. On the left a chicken egg, the egg most commonly e … Wikipedia
japan — japanner, n. /jeuh pan /, n., adj., v., japanned, japanning. n. 1. any of various hard, durable, black varnishes, originally from Japan, for coating wood, metal, or other surfaces. 2. work varnished and figured in the Japanese manner. 3. Japans,… … Universalium
Japan — /jeuh pan /, n. 1. a constitutional monarchy on a chain of islands off the E coast of Asia: main islands, Hokkaido, Honshu, Kyushu, and Shikoku. 125,716,637; 141,529 sq. mi. (366,560 sq. km). Cap.: Tokyo. Japanese, Nihon, Nippon. 2. Sea of, the… … Universalium
Chosen Ame — is an H dōjinshi series published by famed mangaka Kenichi Sonoda and his dōjinshi circle Ganso Sonoda Ya. Chosen Ame takes its name from the family business in Kumamoto prefecture, making Korean candy . The series has recently been renamed… … Wikipedia
Wall of 1.03 million yen and 1.30 million yen — In Japan, Wall of 1.03 million yen and 1.30 million yen (103万円・130万円の壁) is a controversial social phenomenon among Japanese housewives due to the government s taxation policy. That is, those who have an income in excess of 1.03 million yen cannot … Wikipedia
Citizen and consumer movements in Japan — Japanese Citizen and consumer movements, which became prominent during the 1960s and 1970s, were organized around issues relating to the quality of life, the protection of the environment from industrial pollution, and the safety (although not… … Wikipedia