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Middle-Aged Men on Apps Lead $67 Trillion Japan FX Trading Boom

(Bloomberg) Salarymen scrolling through their phones on the subway are a common sight in Tokyo, but they aren’t all playing Pokémon Go – many are on trading apps, aggressively buying and selling the yen to profit from short-term swings.Most Read from BloombergControversial Chip in Huawei Phone Produced on ASML MachinePost-Earnings Meta Rally Fails to Prop Up QQQ: Markets WrapTrump Ally Mike Johnson Elected House Speaker, Shifting GOP Further RightApple Plans AirPods Overhaul With New Low- and ....

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Middle-aged men on apps lead $67 trillion Japan FX trading boom • BusinessMirror

Salarymen scrolling through their phones on the subway are a common sight in Tokyo, but they aren’t all playing Pokémon Go many are on trading apps, aggressively buying and selling the yen to profit from short-term swings. Retail currency traders are having a field day as speculation mounts that the Bank of Japan (BOJ) is getting ....

Ryo Suzuki , Katsuyoshi Suzuki , Kazuya Inui , Kazuo Ueda , Hidemi Bessho , Shoko Oda Bloomberg , Satoshi Hirai , Daisuke Sakai , Takuya Kanda , Financial Markets Department , Liquidity Market Co , Foreign Exchange Division , Financial Futures Association Of Japan , Research Institute Ltd , Gifu Prefecture , Markets Department , Financial Futures Association , Governor Kazuo Ueda , Cyber Impact , Stock Pickers , Shoko Oda ,