A current FX trader talks thoroughly with the person in the spotlight in a Trader’s interview | Guest: YEN-kura (YEN蔵) Part 1 [Traders Securities Minna no FX: Izumi Ogu?]
YENKura-san Profile
For over 20 years as a foreign exchange dealer at American Citibank, British Standard Chartered Bank, and other foreign-capital banks, and now the representative of ADVANCE, a company whose main business is providing investment information. He has deep knowledge not only of major currencies such as the dollar and euro, but also of dealing in emerging market currencies.
Blog：http://blog.livedoor.jp/slalom2007/
Twitter：https://twitter.com/YENZOU
Newsletter：https://www.gogojungle.co.jp/finance/salons/10520/
Iguchi Yoshio Profile
Iguchi, Yoshio. Trader Securities Market Department, Dealing Section. Certified Technical Analyst. Since 1998 he has been engaged in financial institutions, primarily involved in coverage dealing in commodity markets such as precious metals and petroleum products. Since 2009 he has been with MIMI no FX, conducting dealing in USD/JPY and major European currencies as his main battlefield. He is proficient in forex analysis from fundamentals as well as in short-term predictions using technical analysis. Recently, he has appeared in MIMU no FX's free online seminars, and his easy-to-understand lecture content has been well received. Furthermore, on Twitter professional dealers post real opinions about the market, so it’s worth checking.
Twitter：https://twitter.com/yoshi_igu
From the Era of Institutional Investors to the Era of Individual Investors
IguchiYENKura-san, who has been active as a currency dealer for 20 years at foreign banks, how was the FX market back then?
YENKuraFrom the 1980s to the early 2000s, not only FX but the entire market was dominated by financial institutions, so it was lucky to be involved in that era. Now, securities companies offer currency pairs at incredibly low costs, and market information is transmitted for free, so it has shifted from being institution-centered to individual investors' era. I think it’s fine to tell individual investors, “They’re cheap, so trade more” (laugh).
IguchiWhat do you think about the mainstream USD/JPY spread finally becoming 0.2 sen?
