FX turnover surges, as investors recognize market’s importance!

Wow – What a hyperbolical headline and opening sentence! Complete with what journalists call screamers – or exclamation marks for those who don’t know. Normally, screamers are only seen in low-brow publications; they have no place in august journals such as Euromoney.

But this is my column and, within reason, I set its tone. As I pointed out only this week when I apologized to someone over something I supposedly did that caused offence, you can take the boy out of southeast London, but you can’t take southeast London out of the boy. Anyway, as you can see, I’m in a positive mood this week, which will disappoint those who feel I only focus on negative aspects in this wonderful, great and, as the authoritative BIS Triennial Central Bank Survey reported on Tuesday, absolutely huge FX market.

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