The New York Times has a great article on the Carry Trades
Japanese ma an pa money traders, known colloquially as Mr and Mrs Watanabe, account for around 30% of the foreign-exchange market in Tokyo by value and volume of transactions, according to currency traders..
And for NZ the news is not good.
Thanks to the Sweeper
Humour in the Morning – The Two Ronnies – Murder Is Served
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