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With the short term interest rate near their lowest recorded levels, it is supposed to stimulate the sluggish economy but for many punters, low interest rates are having the opposite effect and they seek to forex trading for more lucrative money profit.

A financially savvy Japanese woman who made 400 million yen trading in foreign exchange markets was fined for evading tax. She got suspended jail sentence and fined after using relative’s name to make her gains look smaller. She said in a statement. “It was unfair to have to pay tax on gains, when I made losses some years…” In Japan, forex trading has lend many investors to seek new way of profit in recent years.

This entry was posted on Sunday, August 26th, 2007 at 12:54 pm and is filed under Interesting Stuff. You can leave a response, or trackback from your own site.