As Japan's election outcome is expected to be out on Sunday night, currency traders at major Japanese banks say they will be at their dealing desks a few hours earlier than usual. "It will be like this; I'll check the election outcome around 10 pm Sunday, sleep for a couple of hours, then be in front of my EBS trading platform hours before dawn Monday," one trader says, while another says he will be watching the election from the office and won't go home to continue working into Monday. Depending on the election outcome, Asian trading's kick-off in New Zealand could be hectic and volatile, so some Tokyo traders say they will be "fully prepared" to trade before New Zealand's open, they say. The USD/JPY is at 83.72.
Saturday, 15 December 2012
Tokyo Yen Dealers Ready For Super-Early Monday
As Japan's election outcome is expected to be out on Sunday night, currency traders at major Japanese banks say they will be at their dealing desks a few hours earlier than usual. "It will be like this; I'll check the election outcome around 10 pm Sunday, sleep for a couple of hours, then be in front of my EBS trading platform hours before dawn Monday," one trader says, while another says he will be watching the election from the office and won't go home to continue working into Monday. Depending on the election outcome, Asian trading's kick-off in New Zealand could be hectic and volatile, so some Tokyo traders say they will be "fully prepared" to trade before New Zealand's open, they say. The USD/JPY is at 83.72.
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