Japanese Housewives

Japanese housewives is a term used in the foreign exchange world for the many Japanese matriarchs who resorted to currency trading in the past two decades. Through cultural tradition, a Japanese woman is considered the one who oversees the functions of a home including the major financial decisions. With Japanese interest rates near zero percent for most of this period, the stereotypical financial manager in the home had a motivation for currency trading to increase the returns on their portfolios. These homemaker-traders are also referred to collectively as Mrs. Watanabe.