Chapter 0057 - Currency Wars 2
Third, continue to go deeper.
Seeing the reaction of the Bank of Mexico, Qiao Tianyu's morale was greatly boosted, and he immediately caught up and issued today's third instruction.
"Mr. Dawson, Lehman trading seats, zero point fund trading account funds, foreign exchange market, all 4 billion pesos, 1:3.63, smash!"
"What?" Qiao Tianyu's order calmed everyone present again.
smashed 4 billion pesos at one time, which is equivalent to 1.1 billion US dollars, this kind of desperate play, there is no one!
"Mr. Dawson, hurry up, don't delay the battle!" Qiao Tianyu said anxiously.
"Okay. Dawson was stunned, but still made an operation.
As a result, this operation also caused an uproar in the foreign exchange market, and even the Bank of Mexico, which has always pretended to be rich, did not move at this time.
In the foreign exchange market, there have also begun to appear more than 100 million peso-level sell orders, and the unsettled peso sell orders in the foreign exchange market have reached as high as 5.8 billion pesos!
"Great, the market is mobilized, and the Bank of Mexico can't hold on!"
Everyone present was an expert, and they quickly deciphered the reaction of the Bank of Mexico, and smiles began to spread across everyone's faces.
While the Bank of Mexico was hesitating, there were more and more sell orders in pesos and more and more sell orders in unsettled pesos in the foreign exchange market.
Seeing that the exchange rate was about to fall below the lowest line, the Bank of Mexico finally acted.
This time, however, the Bank of Mexico was not as strong as before, and it took a total of twenty minutes to swallow all the sell orders.
However, it is clear that the Bank of Mexico is weakening.
As a result of these three axes, Mexico's foreign exchange reserves have been depleted by more than $3 billion.
The weakness of the Bank of Mexico was also discovered by the financial vultures, and not long after the Bank of Mexico swallowed all the sell orders, Henry, who had been monitoring the market movements, suddenly screamed.
"Quantum Fund and Tiger Fund are tentatively selling! Quantum Fund smashed 1 billion pesos to sell, Tiger Fund smashed 500 million pesos to sell!"
"Good!"
Everyone in the room began to applaud, which was the rhythm of the big hedge funds to join in.
Fourth, chase relentlessly.
The market panic is forming, the large international hedge funds are showing signs of being mobilized, and the balance of victory is beginning to tilt in favor of Qiao Tianyu, now is not the time to give up halfway!
It's just that all the shells of the Zero Point Fund have been fired, and Qiao Tianyu turned his head to look at Junji Sato.
And Junji Sato, of course, can see the situation clearly, he doesn't say a word, and resolutely supports Qiao Tianyu.
"Qiao San, come on, we will absolutely obey the order!"
"Okay!" Qiao Tianyu nodded firmly.
"Mr. Green, Mr. Takuya, you come first, use your respective trading accounts, the foreign exchange market, 1:3.63, and smash all the pesos in your hands!"
"Okay!" Green and Takuya Yuichi did not hesitate at all, and immediately obeyed the order and took action.
Now they have been impressed by Qiao Tianyu's trading ability, and they obeyed Qiao Tianyu's transfer without any hesitation.
After these two huge orders were smashed, the Quantum Fund and the Tiger Fund in the foreign exchange market followed suit, smashing out sell orders of 2 billion pesos and 3 billion pesos respectively.
There have also been many large sell orders on foreign exchange, and for a time the unsettled pesos in the foreign exchange market have exceeded 10 billion pesos.
Faced with a flood of sell orders in the foreign exchange market, the Bank of Mexico was hesitant for a long time.
However, the amount of unequalized pesos continued to rise, and in less than ten minutes, it exceeded 12 billion pesos.
At this rate, the market panic is about to form, and the Bank of Mexico also senses that it is not good, and if they don't eat again, they will not even have a chance to struggle.
In the end, the Bank of Mexico still ate all the sell orders of 13.4 billion pesos, but this time their foreign exchange reserves of 17 billion have plummeted to 9 billion US dollars, and the alarm is loud on all sides.
Fifth, launch a general attack!
It's time to strike the fatal blow!
"They can't stand it!"
Qiao Tianyu paused and looked firmly at Junji Sato and the others.
"Mr. Churchill, Mr. Sikh, Sato, smash all the goods in your hands!"
"Okay!" "Okay!" "Okay!"
Everyone present knows that the time is not lost, and the time has finally come to launch the final attack!
Without hesitation, Junji Sato and the three of them immediately made a trading order, smashing out the last remaining 5 billion pesos in their hands.
At the same time, other hedge funds in the market quickly followed, and the amount of sell-offs soon exceeded 20 billion pesos.
And this time, it almost killed the Bank of Mexico, who swallowed the more than 20 billion pesos with blood and tears.
In just one hour, $17 billion was all gone!
However, the panicked market did not intend to spare Mexico, and the Bank of Mexico had just swallowed the sell orders with the last dollars, and then the pesos were smashed all over the place.
Qiao Tianyu and they have won, and the market panic has all been formed!
"Win, win, win!"
Everyone present jumped up excitedly and waved their arms high, and then they didn't need to do anything, just watch the international hedge funds and international hot money tear the Mexican peso exchange rate to shreds, and they reap the benefits of the fisherman!
Many of them even regret borrowing less pesos, if they could have borrowed more pesos before, they would have earned more after the peso exchange rate plummeted!
Many of them began to pull out the "big brother" and tried everything to see if they could borrow more pesos, before the peso exchange rate completely collapsed.
Just as everyone was celebrating the victory, Qiao Tianyu and Junji Sato received a message on their mobile phones at the same time.
Qiao Tianyu's message is extremely simple, just one word, "do."
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At the same time as they were fighting the currency war, Qiao Tianyu asked David to successfully rescue Lily.
Qiao Tianyu's face softened all of a sudden, and the heart that had been hanging was finally let go, and he could finally finish this financial battle without distraction!
On the other hand, Junji Sato, after reading the information, his face was brushed down, and it was obvious that he also knew the same result.
He glared at Qiao Tianyu viciously, but at this time, Qiao Tianyu had already closed his eyes, brewing for the final fateful blow!
"What's going on?!"
Yuichiro Takuya stared at the computer screen and suddenly shouted.
Everyone hurriedly looked at the screen, and the shadow of Huaxia Bank suddenly appeared in the foreign exchange market.
I saw that Huaxia Bank suddenly replaced the role of the Bank of Mexico and began to eat pesos in the foreign exchange market.
Huaxia Bank, a foreign exchange operating bank chartered by Huaxia Guo, represents Huaxia Guocentral Bank in foreign exchange transactions in the international foreign exchange market.
Huaxia Bank's sudden intervention was like a slap in the face, making everyone a little confused, and they didn't know what was going on.
And the market reacted in the same way, and the peso in the foreign exchange market stalled when selling a single ......