FX popular with Japanese

  May 3rd, 2009
246 views, 11
From serious to manga style. Learning FX the easy way

From serious to manga style. Learning FX the easy way

I visited the bookstore today to look for a design book and in passing the finance section was surprised to see how many books were being published to help people understand FX trading (Foreign Exchange Trading). FX has been big in Japan for some years with quite a lot of bad press being attributed to those who have made a lot of money but not properly declared it on their income tax returns.

I am guessing the average person would probably lose more than they make, and therefore to assist them these books have become very popular.

There were many books available, both written in manga style as shown in the first picture to the more serious books below.

Some best sellers for FX Trading

Some best sellers for FX Trading

In particular the currency pairs of USD/JPY and EUR/JPY are popular in Japan. Before the current economic crisis many Japanese also had their eye on NZD and AUD because of the large differential in interest rates between New Zealand and Australia versus Japan.

Related posts:

  1. Japan Google Popular Searches I came across an interesting picture showing a comparison of searches in...
  2. Japanese Kakeibo (家計簿) Many Japanese housewives keep a record of the months spending in a...
  3. Japanese Portraits, Nigaoe Hand-drawn face portraits (Nigaoe 似顔絵) or charactures are very popular in Japan....

WP Greet Box icon
Hello there! If you are new here, you might want to subscribe to the RSS feed for updates on this topic.

Read related subjects in the Japan category.

 

Help others find this page

If you enjoyed this post you might consider submitting it to one of the following social networks or following Shibuya on Twitter. If you are a shibuya246 member you can in your account profile.
246 views
11 comments
FX popular with Japanese
I visited the bookstore today to look for a design book and in passing...
 
Tagged as: , , , ,
     
...  Comments Below  ...


  1. Wow, I never thought about FX trading, but it makes sense.
    Although nowadays it seems like more of a gamble than anything else.

  2. i read a few months ago japanese housewives have been a major force in carry trade.

    • It is true that quite a few housewives have been encouraged to get into FX as a way to make some extra money, and that they have in particular been involved with carry trades on AUD and NZD. That interest rate differential looked attractive until the NZD and AUD both tanked during the latest economic crisis. Now the differential is not so great and the loss on swap is probably sitting about 20-30%.

  3. are there such books translated to english?

  4. My hubby has been doing FX for years, and yes, we had a hard time losing much money since the latest economic crisis, especially Aug-Sept. 2008. Until then it was pretty easy to make money from yen carry trade (buying AUD and earning difference of interest everyday). It's like we lost everything we've earned so far. :(

    But we don't give up. :p
    Nowadays I do CFD (actually FX is a part of CFD trading) and invest in Japanese stock market for swing trade, while my hubby keeps trading on FX. But don't worry we do not go for high leverage, and we actually spend much time studying. I was not interested in things like that until recently but since I played Cashflow202 board game that was invented by Robert Kiyosaki, I could not help but do something for making an income streaming other than paycheck.

  5. FX trading caused a big problem for the local economy recently and a lot of people lost their money

  6. Very true, you have to be careful. Even if you do read the books it is risky.

 

           

 New Users click here to register      Forgotten Password?

Twitter Users
Use the form to sign in or simply click the Twitter button to sign in with your Twitter account.

 

Latest Posts

 

Other Posts being Read

 

About shibuya246

To find out more about the story behind shibuya246 click on one of the pictures below.
In Shibuya Center gai
Shibuya Streets
Japan Photo Articles

Latest from Japan Blogs

Become a Member

shibuya246.com featured on BlogLinkJapan


mem: 26 Mb
db: 74 que, 0.515 secs
Feedback Form