LONDON - Britain has extended its lead in the global currency trading business in the two years since it voted to leave the European Union, in another sign London is likely to continue to be one of the world's top two financial centers even after Brexit.
Reuters' analysis, based on surveys released by central banks in the five biggest trading centers, shows forex trading volumes in Britain had grown by 23 percent to a record daily average of $2.7 trillion in April compared to April 2016.
"The luck of geography has helped because most of the big market moving news, whether in the U.S. or Europe, has occurred during London's trading hours," said Neil Jones, London-based head of hedge fund sales at Japan's Mizuho Bank.
These products, the largest part of Britain's currency market, are sold to customers around the world, not just the EU. Banks in Britain, including the London operations of global players, are moving some staff to European cities on expectations that they will the lose the automatic right to sell services to EU investors after Brexit.
The city's tightening grip on forex trade does not prove London won't suffer from Brexit, but it does underscore the attractiveness for banks of maintaining large international operations in the city, industry experts said.
"The FX market is effectively an offshore dollar market and offshore dollars are always going to be looking for an international home, and that's London."
Mizuho Analyst Recommendations & Stock Picks This page lists the most recent publicly-reported stock recommendations and ratings issued by analysts at Mizuho. These ratings and price targets were collected from public media reports and are believed to be accurate, but cannot be verified with 100% certainty. Mizuho Economic Outlook & Analysis provides Outlooks on the Japanese economy every quarter and in-depth analyses on economic issues on a timely basis. Latest Reports. Back Number. Oct 7, 2020 The "corona shock" and the Japanese economy -Substantial contraction of the economy expected in FY2020. Future recovery will be slow- (August 18, 2020 ... Market Analysis Workshop Thursday, September 17, 2020 08:00AM EDT Supply & Demand Advanced Trading Concepts - Part 3 Tuesday, September 22, 2020 10:00AM EDT Market Analysis Workshop Thursday ... Mizuho Bank, Ltd. is a financial institution registered with the Director of Kanto Local Finance Bureau (Tokin) No.6, and a member of Japan Securities Dealers Association, The Financial Futures Association of Japan and Type II Financial Instruments Firms Association. Forex Medium-Term Outlook 30 November 2018 Mizuho Bank, Ltd. Forex Department
[index]          
Free signals group- https://t.me/forexvisitsignals For free Signals Contact me- [email protected] Subscribe my Channel to learn Price Action Trading Tri... You were told from the start you needed Forex Fundamental Analysis to trade profitably. You were lied to. Here is why. Blog for this Video - http://nononsens... Weekly Forex Analysis 23 - 27 December - Duration: 25:44. Xtreme Trader 7,132 views. 25:44. The Art of trading breakout candle - Part 1 - The Basics - Duration: 28:29. Weekly Forex Forecast for USD, GOLD, USOIL, ... Master Technical Analysis / Price Action Trading (In This Video) ... Mizuho oil analyst - Duration: ... This video is a recording of a recent webinar we hosted for our ATS traders. In this webinar we introduced a new quantitative analysis tool we have been work...