577. The huge losses of the Dongying banks are selling off European assets everywhere!

Unlike EUR/CAD, other currencies in the euro system are hovering at a low level, such as EUR/USD, EUR/GBP, EUR/JPY, EUR/AUD, EUR/CHF, EUR/NZD··

Only the EUR/CAD dollar was quickly pulled up, which immediately caused a shock in the market!

It is located in Geneva, Switzerland, at Blue Crest Capital Management. It is a hedge fund with $60 billion in assets under management.

Now its headquarters, several foreign exchange traders in charge of the euro series currency pair, watched this scene in shock,

One trader looked at EUR/CAD and said, "What the hell is going on? Is that so sure the Bank of Canada will cut interest rates?"

In the face of the decline of the euro, the euro/Canadian dollar actually rose by 60 points like an aphrodisiac! It made him a little puzzled! Could it be that any hedge fund or investment bank firmly believes that the Bank of Canada will not be able to cut interest rates?

Another trader paused and continued: "Well, we have just been hedged with a short position of 100,000 lots of EUR/CAD!"

When they suppressed the European currency exchange just now, they naturally also suppressed the euro/Canadian dollar, but they didn't expect the euro/Canadian dollar to be so strong!

At this time, a trader made his own suggestion and solemnly said: "Give up shorting the EUR/CAD pair, we will continue to smash EUR/USD! There is no need to fight these guys! That is too risky!"

Tomorrow is the Bank of Canada interest rate meeting, and there must be a big market!

Another trader chimed in: "Well, it's true that many Canadian dollar bears in the market are staring at every move of the Canadian dollar currency pair, as long as USD/CAD, EUR/CAD, GBP/CAD... If any of these currencies fall against any of them, they will come in a swarm!"

After thinking about it, he continued: "This 100,000 lots of EUR/CAD orders are losing 20 pips, will we close the position now?"

Traders also expressed their opinions.

"I'd suggest you close it, it's only $20 million! We've all made hundreds of millions of dollars tonight!"

"Let's get rid of these 100,000 hands!"

"Look at the Bank of Canada's interest rate meeting tomorrow!

"Yes, maybe we can make a wave of money at the Bank of Canada's interest rate meeting!"

·····

At the moment, Germany, Hamburg, the company Aquila Capital, which manages $10 billion in assets,

Headquarters, several traders also looked at this scene in shock, this Canadian dollar is too weak, they regret very much that they just smashed the EUR/CAD down, and were hedged 100,000 short positions of EUR/CAD!

At this time, a trader said: "The wave of EUR/CAD just now was really too strong, and it actually cleared all the short orders of EUR/CAD in the market!"

"Yes, it actually rose 60 points against the tide and reached the 1.4900 position, which is 10 points higher than the previous 1.4890!"

"Tomorrow's Bank of Canada interest rate meeting looks extraordinary!"

"I'd recommend giving up shorting EUR/CAD! These guys are fanatical!"

"Then stop your losses on the EUR/CAD pair, and go all out to short EUR/USD and EUR/GBP!"

"Agreed!"

"Agreed!"

····

At the moment, Rotterdam, the Netherlands, (Transtrend) is a Transcend hedge fund, which manages $12 billion.

At the headquarters, all the traders also watched this scene in shock.

A trader was shocked: "The euro currency fell across the board, and then hovered at a low level, but I didn't expect the euro/Canadian dollar to rise by 60 points immediately after the sharp fall!"

"yes, it looks like the Bank of Canada may be going to make a big move this time!"

"Indeed, let's close those short positions, I thought the euro was weak, but I didn't expect the Canadian dollar to be even weaker!"

"Everyone, stop loss, take advantage of the fact that it is still relatively low at the moment, maybe tomorrow the euro/Canadian dollar will skyrocket wildly!"

"Let's stop the loss, let's focus on the euro/yen! Recently, many Dongying companies have sold European bonds in Europe! And then exchange funds to go back to Dongying! Just cut some meat on them!"

"Indeed, I heard from insiders that there was another earthquake in the Dongying banking industry, and I heard that more than a dozen of their banks lost a total of more than $90 billion last time!"

"It is indeed possible that it is all caused by their bank insiders, and now the Dongying banking industry is like chickens and dogs! Many banks are selling assets overseas, especially European debts!

"It's not possible, it's true, they blew up in the USD/JPY Black Friday incident, they were all made by their insiders, and the people who jumped off the building were all executives of major banks in Dongying! They caused a total loss of $93 billion, and on average, each bank lost $9 billion. Among them, Mitsubishi Bank is the worst! Last time it lost more than $10 billion, and this time it lost more than $10 billion!"

"At present, the Mitsubishi consortium is financing Mitsubishi Bank!"

"Dongying's major consortia are quietly selling off overseas assets and then exchanging funds to go back!"

"They've dumped all the Greek national debt!"

"Germany's national debt has also been dumped a lot!"

"They have also sold a lot of shares of major listed companies in Europe!"

"It's a lot of losses!"

"However, this time, Dongying Pension Investment Fund also made a lot of money, in addition to losing hundreds of millions of dollars in USD/JPY, it has made a lot of money in various other investment fields!"

"Yes, not long ago, the Dongying Government Pension Investment Fund announced last year's results, with a profit of $90 billion!"

······

At this moment, Xiangjiang, Standard Chartered Building, Chen Hui has stopped adding positions, and he currently holds a total of 8 million long positions, including 4 million lots of USD/CAD, 500,000 lots of AUD/CAD, 1 million lots of GBP/CAD, 500,000 lots of CHF/CAD, and 2 million lots of EUR/CAD.

Looking at the series of numbers in his account, which he couldn't count at all, Chen Hui shrugged his shoulders, stretched his body, and then left his desk and headed for the restaurant.

"Wenwen, why haven't you eaten dinner yet?" Chen Hui walked up to Luo Baowen and hugged her, and said softly, "Just sit here and wait for me?"

"Well, if you don't eat, I won't eat either, I'll be hungry with you!" Luo Baowen said: "Anyway, I can also read the documents here!" As she spoke, she shook the documents in her hand again, and she had been reading the documents just now.