Chapter 866 - Buying the Bottom and Building a Position!

Angel has changed quickly in the workplace, and her progress in Huaxia Dragon Investment Company is also very fast, this is James's evaluation of Angel.

She is worthy of being a White House intern, and when the internship expires for graduates recruited under the same circumstances, she has been promoted to a supervisor, and her organizational skills and management skills can still be top-notch among the top people.

It is important to know that many of Longtou's high-talent students are recruited from universities near Silicon Valley, and those universities are in the top 10 in the world rankings.

As for the Chinese woman Zhou Yingying, I heard James talk about her learning ability.

This time, Li Jun's requisition of the two is not just because of familiarity, Angel was a White House intern, and he can make some references to the attitude of the US imperialist government towards Mexico, Zhou Yingying is a Chinese girl, and her English level and translation of her own language understanding are convenient for her various instructions.

In addition to the above points, Angel and Zhou Yingying also have some experience in foreign exchange.

These two little girls speculate on foreign exchange.

Li Jun was not surprised when he heard this, this is in the United States, and there is not much difference between speculating in futures and speculating in stocks, speculating in futures, but the commodities are different.

Stock trading is the buying and selling of shares of listed companies, obtaining price differences, and earning profits.

Speculative futures are based on speculation commodity futures, buying and selling real-life commodities, all of which are physical objects, such as eggs, corn, soybeans, wheat, rice, oats, barley, rye, pork belly, live pigs, live cattle, calves, soybean meal, soybean oil, cocoa, coffee, cotton, these agricultural by-products, as well as metal products including gold, silver, copper, aluminum, lead, zinc, nickel, rake, platinum, steel, and some chemical products crude oil, heating oil, unleaded ordinary gasoline, propane, natural rubber;

Speculation in foreign exchange is speculation on the exchange between the currencies of major countries in the world, such as the British pound, the US dollar, the euro, the New Zealand dollar, the Canadian dollar, the Australian dollar, and the Japanese yen...... Each country's currency corresponds to another country's currency has a ratio, commonly known as the exchange rate, whether it is travel abroad, enterprise trade, international trade settlement, asset transfer..... all kinds are carried out through the foreign exchange market, the vast majority of countries in the world exchange rate is usually not fixed, is fluctuating, which has a difference, but also a profit.

So, look, it's just that the commodities are different, and their essence is investment speculation.

At this time, in addition to the familiar employees around Li Jun, there was also a group of foreign exchange traders that James was looking for for Li Jun.

These people are all veterans of the market.

These people's sharp trading methods, coupled with their familiarity with the upcoming political and economic situation in the United States and Mexico, have a good chance of winning this battle.

However, this is the first time Li Jun has speculated in foreign exchange in his previous life and this life, and he is still ready to spend 400 million US dollars as soon as he smashes it, which is still a little exciting to think about.

Like all speculators, full of enthusiasm.

While the President of the United States is fighting with the legislators over the construction of the border, the President of the Mexican Government is also holding a New Year's national policy meeting.

Mexico should not become a consumer of the goods dumped by the US imperialists, the country must revitalize the development of its industrial industry, we cannot directly rely on the US imperialists because of our own high production costs, we Mexico cannot give up the national industry, in order to revitalize the national industry, we must devalue our Mexican peso, block the US imperialist goods from dumping our goods on Mexico, we must let our goods go out.

The depreciation of a country's currency is conducive to the country's export trade, but it is not conducive to the country's import trade.

Take the production of a refrigerator in the United States and sell it to Mexico as an example, the current price is 50,000 pesos, and then the U.S. imperialist enterprises exchange the 50,000 pesos obtained from Mexican consumers into U.S. dollars and return to China, according to the original exchange rate of the Mexican peso when it did not depreciate, assuming that the exchange rate of the U.S. dollar against the Mexican peso is 1/ 16, then if the company converts the 50,000 pesos back into US dollars, it is about 3,000 US dollars, and after deducting the production cost of 2,500 US dollars, 500 US dollars is the profit of the company from producing this refrigerator and selling it to Mexican consumers.

However, if the dollar depreciates by 20% against the Mexican peso, the exchange rate of the dollar against the peso becomes 1/20, and the US imperialist enterprises can only get 2,400 US dollars when they convert the 50,000 Mexican pesos into dollars at this 1/20 exchange rate. After deducting the production cost of 2,500 yuan, the company got -100 yuan, that is, the company lost 100 dollars.

Of course, the US imperialist enterprises are not willing to do it, if your currency is devalued and I am at a loss, then he will not be willing to sell to you, then Mexican industrial commodities will have a chance to develop, and in turn, because they will be sold cheaper than the US imperialists, and in turn, they can be sold to the US imperialists, because although the quality is poor. But it's cheap.

This is the depreciation of a country's currency, which is beneficial to the country's export trade, and can be anti-dumping.

Conversely, if one country wants the currency of another country to appreciate, then it is conducive to dumping goods and preventing the other country's goods from entering the country cheaply.

For example, in later generations, the US imperialists have been forcing the appreciation of the Chinese yuan, and it is also for this reason that the Chinese people are stubbornly strong, if the RMB appreciates, then domestic enterprises will suffer a big loss, and the US imperialist enterprises will be able to tilt their goods in China.

Although the Mexican president proposed that only a depreciation of the national currency would prevent US imperialism from dumping goods against him, these proposals would require the approval of more than half of the Mexican Chamber of Deputies.

House of Representatives.

"Undoubtedly, the president is doing something that is beneficial to the Mexican people and Mexican businesses, but our neighbors, the world's number one hegemon, their consequences for the depreciation of our peso, and the chain reaction, do you have any policy to deal with it?"

This is a problem that Mexico has never wanted to face and has had to face.

"If we are always timid, if we are afraid of power, we will have no way to retreat, and Mexico needs to be strong......"

In the past 100 years, the President of Mexico has used the United States imperialism through power acquisitions and wars, and the Mexican people can no longer continue to fear the threat of the tiger, and call on all congressmen to support his proposal.

If the parliament does not agree, he will also bypass the parliament.

……

Parliament can curb the power of the president, but it can also hinder the implementation of policies, which is why the executive power of Western capitalist governments has become less and less effective in later generations.

The United States and Mexico are ready to announce their "explosive" policies.

At this time, Li Jun was already buying a lot of bottoms.

Order to open a position.

In the face of Li Jun's large-scale dip-copying, Zhou Yingying and Angel couldn't understand it, because the recent trend chart of the US dollar and Mexican peso currency is very stable, and it does not show any special market conditions, and there are no news reports about the US dollar peso.

Is this boss speculating on a whim, or is he really optimistic that there will be a wave of market next, and the USD/Peso will fall sharply.

However, after the opening of the American market today, the USD/Peso rose by 2 points in the morning, and then fell by 2 points, and the market was basically stable, and the volatility was not very large.