TOKYO -- Foreign exchange trading in Japan by retail investors reached a January-September record of 8,957 trillion yen ($59.9 trillion) in 2023, thanks in large part to a slump by the yen that has spurred investors to bet on a rebound.
Markets
Japan retail forex trades hit record $60tn for January-September
Contrarian bets against weak yen risk adding to downward pressure if unwound
Many Japanese retail investors are shorting the dollar against the yen in anticipation of a rebound. © Reuters
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