Harry Ishihara
speaker
237 appearances
2 recordings
1 series
first heard Nov 2024
last heard Nov 2024
Harry Ishihara’s voice in public audio — every appearance, attributed to the second.
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Appearances
And that's it's it's due because they like to do um foreign exchange margin trading.
Margin trading.
It's known as FX in capital, FX.
Um and Japan has the largest retail driven foreign exchange market in the world.
Right.
Uh no um it's still it's still based on the rate differential.
The retail the Mrs.
Watanab is they cover um they watch rate differentials with all these countries, like Turkey even, even Brazil, US, whatever.
Um and if you have a wide interest rate differential, you bet you're going to bet that the yen's gonna weaken uh versus that currency.
And while you make that bet, you earn uh
Um the the difference in interest rates as a carry trade.
So when the yen went up, they got stung.
When the yen stripped in in uh early August, yeah, they got they got stung.
down.
Are they back?
And now it sees they're coming back, yeah.
But you know, because that that move was so violent, I mean the whole world woke up to the Yankee trade, right?
The whole world woke up to the Yankee trade and they got they got hurt.
Um, so they're licking their wounds and I think they're coming back slowly, but I think it's the move is a little bit slower than than the last time.
The global investor.
Showing 101–120 of 237 · page 6 of 12
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