587. A long long long white candle suddenly rises from the ground!
In the foreign exchange trading department of Kerukfield Asset Management, Danny is still silent, calmly watching the trend of USD/CAD, and seems to be indifferent to the decline of USD/CAD.
Other traders were excited and happy.
"USD/CAD, it's finally falling from its highs!huhu!" said a trader excitedly: "I was so nervous just now, if the US economic data is too good, and the USD/CAD continues to rise sharply, we may be finished in minutes!"
Now they still hold a long position of 6 million lots of USD/CAD, with an average opening position at 1.0800, and at the moment USD/CAD has fallen from 1.0980 to 1.0930, and they are currently losing 130 points, a total of $7.8 billion!
Another trader echoed excitedly: "Yes, now we don't have to worry about blowing up before the Bank of Canada's interest rate meeting, God is on our side after all!"
At the moment, he is very much looking forward to the outcome of the Bank of Canada's interest rate meeting, which will make the USD/CAD plummet!
He continued: "Maybe we'll be able to make some money after the Bank of Canada's interest rate meeting!"
"Yes, it's really exciting, God always gives us the light of day in despair, and if we're lucky, this Bank of Canada interest rate meeting will definitely end up with a dollar/increase crash!"
"That's really exciting!"
"Yes, life or death, it's up to tonight!"
"No, no, no, it should be said, victory or defeat, it's up to us tonight, we will definitely win!"
"Definitely!!"
"Definitely!"
Danny was on the side, silent, not speaking, listening to everyone's optimistic words, it couldn't help but touch the dawn buried in the depths of his heart, for this Bank of Canada interest rate meeting, he was very worried, either the dollar/Canadian dollar skyrocketed, or the dollar/Canadian dollar did not rise, and it was absolutely impossible for the dollar/Canadian dollar to plummet! He sighed in his heart, and said secretly: "I can only leave it to fate, I hope that Dai Yan's fool's luck will be better this time! The result of the Bank of Canada's interest rate meeting later will be that the dollar/Canadian dollar will not rise!" 。
Time is slowly slipping away...
At this moment, in Xiangjiang, Standard Chartered Building, in the chairman's office, Chen Hui shook his fingers and ended the behavior of adding positions.
Chen Hui has just increased his long position in USD/CAD by a total of 500,000 lots, and currently holds a long position of 5 million contracts in USD/CAD, with an average position at 1.0870.
At this time, USD/CAD was still oscillating at a low level, did not rise, and now USD/CAD is around the 1.0935 level.
Towards 9 o'clock in the evening, suddenly USD/CAD rose by 10 points, from 1.0935 to 1.0945, but in less than 2 minutes USD/CAD fell back by 5 points and oscillated at 1.0940.
At present, Chen Hui's long order of 5 million contracts of USD/CAD has a total of 70 points, totaling $3.5 billion.
···
At this moment, in the trading room of Telier Bank, Chairman Mai Bida, looked at all the long orders of USD/CAD in the account with satisfaction, and said with some excitement: "Finally, while the USD/CAD is falling all the way, the remaining 500,000 USD/CAD long positions have been closed!"
The traders were also excited, and now they have finally completed their task.
"It's finally time to rest!"
"Always close all long positions in USD/CAD!"
··· Listening to everyone's words, Mai Pida immediately said excitedly: "Calculate how much money we have earned this time!"
"Chairman, we have a total of 2 million long positions on USD/CAD this time, with an average opening point at 1.0800 and an average closing position at 1.0950, making a total profit of $3 billion!" said one trader
Listening to this number, Mai Pida nodded slightly, and said with a satisfied smile: "Very good, fortunately, I closed the position just now when the USD/CAD was falling all the way!" After speaking, he sat down, leisurely took the teacup and began to make tea for himself, and slowly spoke: "Fortunately, I just decided to close all the positions! You see that the USD/CAD is so declining now!", after speaking, he put the brewed tea aside and continued: "Fortunately, we closed our positions before the Bank of Canada interest rate meeting, I dare to say, the closer we get to the Bank of Canada interest rate meeting, the worse the USD/CAD will fall!"
Mepida's words immediately attracted the applause of several traders.
"That's right, the chairman is right, you really have a vision!"
"Chairman, it's a good thing you asked us to close all our long positions in USD/CAD, otherwise it would have been terrible!"
"Chairman, your decision is really wise!"
····
The other traders were silent, looking at Mepida with a slight disdain in their eyes.
Mai Pida listened to the words of these traders, and suddenly his fat face flashed with a touch of pride, his thick lips couldn't help but curl slightly, he said softly, and then he elegantly picked up the hot teacup, put it to his mouth, blew a few times, took a sip, the whole person looked very comfortable, poured his fat body back on the boss's chair, and raised Erlang's legs.
At this time, the U.S. economic data came out again.
U.S. Redbook Commercial Retail Sales YoY for the week of January 18
Previous 1.2%
Forecast: 1.8%
Declared value3.1%
Redbook Research in the United States counts chain store sales during the week, reflecting the level of consumer spending.
Larger-than-expected values = positive for the U.S. dollar, and as consumption accounts for nearly two-thirds of the U.S. economy, retail sales are widely valued. The quality of the data will indicate how consumption will boost the economy in the future.
U.S. retail sales, known as "horror data", gold soared and plummeted by $20 (200 points) That's not a thing! If you're not sure, it's better to take a few weeks of Redbook retail sales data and guess, maybe you can win the jackpot!
This data was greatly positive for the dollar, and the dollar index suddenly strengthened, and the USD/CAD suddenly rose sharply.
A red white candlestick suddenly rises from the ground!!
At this time, a trader exclaimed: "Chairman, USD/CAD has risen sharply, and the rally is very !!"
"Chairman, just now the U.S. economic data is very good, the USD/CAD has started to rise sharply, and we have missed a lot of profits this time!"
"Chairman, the USD/CAD may be skyrocketing, we closed the position too early just now!