556. The British pound is down across the board!
After returning to the office, Luo Baowen planned to continue to go back to work, but at this time, Chen Hui stopped her and said gently: "Wenwen, rest with me for a while", looking at Luo Baowen's puzzled face, he ordered again: "You must rest at noon in the future, you know?"
Now that the relationship with Luo Baowen is much better, Chen Hui can't help but feel a little embarrassed when he thinks of what he did to Luo Baowen before, but Chen Hui does not regret doing these things.
"Well, I'll listen to you" Luo Baowen felt Chen Hui's care at this moment, and suddenly her heart was very sweet, and she buried her head deep in Chen Hui's arms, with an excited and happy smile on her face, looking silly.
Chen Hui's domineering gentleness is really deadly! But she really likes Chen Hui's domineering gentleness.
Chen Hui immediately picked her up, and then slowly walked to the rest area.
···
Soon in the afternoon, the two finished their naps, looked at each other and smiled, and started their respective work very tacitly.
Chen Hui returned to his desk, looking at the market trend of USD/CAD, still like a pool of stagnant water, at this moment CAD/USD is around 1.0860, Chen Hui's long list of 2.5 million USD/CAD has a total of 20 points, which is 500 million US dollars.
After about another hour or so, the trading volume of USD/CAD was still very small and the volatility was not large. On the contrary, the GBP/CAD pair began to fluctuate rapidly. It immediately attracted Chen Hui's special attention.
After more than half an hour, GBP/CAD began to fall sharply, falling by 30 pips in less than 15 minutes.
GBP/CAD is currently at 1.7730, and Chen Hui's long position of 300,000 contracts of GBP/CAD is at 1.7750 on average, with a loss of 20 pips, totaling $60 million.
Chen Hui was not polite, and directly put out a long order of 50,000 hands of GBP/CAD to support GBP/CAD! However, Chen Hui's long order of 50,000 hands of GBP/CAD was eaten clean in less than 2 minutes.
Chen Hui immediately curled the corners of his mouth, continued to buy 50,000 long orders of GBP/CAD, and began to compete with the bears in the market. But Chen Hui's long order of 50,000 lots of GBP/CAD was quickly eaten up again. However, GBP/CAD has already found strong support around 1.7730, and Chen Hui will buy 10,000 lots of GBP/CAD every time GBP/CAD falls below the 1.7730 level!
During this time, GBP/CAD has been moving in the range of 10 points from 1.7725 to 17735.
Chen Hui bought a long position of about 200,000 lots of GBP/CAD again, and he already holds a long position of 600,000 contracts of GBP/CAD at this moment.
At three o'clock in the afternoon, an economic data from the United Kingdom was released. UK Rightmove Average House Asking Price Index MoM (Jan).
Previous-1.3%
0.1% forecast
1% of the declared value
Rightmove, a British online real estate agency, evaluates the future direction of the UK property market by stating the changes in the price of selling houses each month. It is the first of many house price surveys in the UK to be published.
This is a change in the asking price of a home, which reflects the health of the UK property market, but has less impact on the exchange rate, as the final sales price is not closely related to the offer. Because it is the first survey published among many house price surveys in the UK, it has the greatest impact among many house price reports.
Normally, the data had little effect on the exchange rate of the pound, but it was so good that the British pound series of currencies began to rise, including GBP/CAD.
Chen Hui also took advantage of this opportunity to continue to buy GBP/CAD, and kept pushing GBP/CAD higher.
Fifteen minutes later, Chen Hui added another 100,000 lots of long positions on GBP/CAD to pull GBP/CAD to 1.77450, and then the upward momentum gradually waned, and GBP/CAD fell to 1.77400 in less than 3 minutes.
Chen Hui continued to buy GBP/CAD, supporting GBP/CAD at 1.7740, and after another hour, GBP/CAD was slowly pulled by Chen Hui to 1.7750.
At this moment, Chen Hui already holds a long position of 900,000 contracts of GBP/CAD, and the GBP/CAD has now stood firm at 1.7750.
"Let's add another 100,000 lots!
Immediately, Chen Hui bought 100,000 lots of GBP/CAD at one time, and the 100,000 lots of GBP/CAD long orders instantly swept away the bears in the market, and GBP/CAD rose by 20 points, from 1.7750 to 1.7770, and stopped. Then it began to retreat, oscillating from the 1.7760 to 1.7770 levels.
After watching his long order of 100,000 lots of GBP/CAD completely traded, Chen Hui nodded slightly.
Chen Hui pulled the GBP/CAD from 1.7725 to 1.7770, and during this time, many bulls followed the trend to pull up the GBP/CAD with Chen Hui!
Five minutes later, GBP/CAD broke through the level of 1.7770 again, and then at the level of 1.7770, it gained a foothold.
At this moment, Chen Hui already holds a long position of 1 million contracts of GBP/CAD! The average position is at 1.7740, and he is currently floating by a total of 30 points, totaling 300 million US dollars!
Chen Hui shook his fingers, then went to pour himself a cup of coffee, and slowly tasted it on the boss's chair.
The GBP/CAD trend is also starting to become dead, and Chen Hui does not need to pay attention to GBP/CAD.
The previous sharp fall in the pound was caused by the major speech of British Prime Minister 'Karen', which caused the British pound series of currencies to fall across the board, and there were two varieties of British pound currencies that fell the most!
GBP/USD fell by as much as 120 pips!
EUR/GBP skyrocketed by 100 pips!(equivalent to GBP/EUR plummeting by 100 pips!)
GBP/CAD is slightly better.
Time flies quickly, Chen Hui once again paid attention to other foreign exchange varieties in the Canadian dollar series, AUD/CAD, USD/CAD, CHF/CAD have no chance to buy!
After about half an hour, the EUR/CAD began to amplify its trading volume, fluctuated at high speed, and fell by 30 points in less than 10 minutes, from 1.4840 to 1.4810.
Chen Hui holds a long position of 800,000 EUR/CAD in total, with an average opening position at 1.4810, which is just not profitable or loss-making.
Seeing that the euro/Canadian dollar was falling sharply, Chen Hui did not feel any surprise, and said secretly: "Many short-term bulls of the euro/Canadian dollar have chosen to take profits and leave the market when they see that the euro/Canadian dollar has not risen for a long time!
"But it's just the right time for me to add to my position!"
After another 10 minutes, EUR/CAD fell below the 1.4810 level and fell to the 1.4805 level, and Chen Hui immediately bought a long order of 50,000 lots of EUR/CAD, which immediately supported EUR/CAD.