Foreign currency investments held by almost one in six Japanese

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Have you ever had foreign currency savings or done FX? graph of japanese statisticsGiven that the interest rates on saving in Japan are laughably miniscule, I am surprised by the results of this survey from MyVoice into the usage of foreign currency savings (the sixth time the survey has been conducted) showing that about as many people are profiting (or not as the case may be) from exchange rate movements as from superior interest rates.

Demographics

Over the first five days of May 2009 14,952 members of the MyVoice internet community completed a private online questionnaire. 54% of the sample were female, 2% in their teens, 14% in their twenties, 34% in their thirties, 31% in their forties, and 19% aged fifty or older.

I’ve got a bit of foreign savings (as I’m sure all my resident foreigner readers do!), but given the recent collapse in the UK pound exchange rate and in UK interest rates it’s not doing terribly well, to say the least! I’m not interested in active trading, however.
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Japanese wives and foreign exchange

Have you ever thought about starting foreign exchange (FX) trading? graph of japanese statisticsWith the economy tanking, and with many firms announcing pay freezes if not cuts, this survey conducted by iBridge Research Plus and reported on by japan.internet.com into wives and foreign exchange is rather timely.

Demographics

On the 2nd of February 2009 300 married women from the iBridge monitor group completed a private internet-based questionnaire. 7.3% of the sample were in their twenties, 44.3% in their thirties, 32.0% in their forties, 13.0% in their fifties, and 3.3% in their sixties.

With perfect timing the Financial Times has a long but worth reading article on female Japanese foreign exchange investors.

I’d love to know more about the 96.4% who didn’t find full time jobs. Were they looking? How many were already employed?
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