As a result, the Canadian dollar is widely seen as a "petrocurrency" that moves broadly in line with crude oil futures. Canada will transform from a commodity country to a real oil power, oil prices will inevitably affect the Canadian dollar exchange rate, generally speaking, crude oil prices and the Canadian dollar are positively correlated, when crude oil rises, the Canadian dollar will also rise, but affected by other factors, sometimes the two will also come out of the independent market that has nothing to do with each other. The Canadian dollar has historically been susceptible to concerns surrounding global economic growth, reflecting the open and trade-oriented nature of Canada's economy.

This also means that once the market believes that high oil prices are a sign of a slowdown in global economic growth, oil prices could weigh on the Canadian dollar. The link between the Canadian dollar and crude oil prices can be complex and volatile, but as a "petrocurrency", the Canadian dollar is only in its infancy, so the link between the Canadian dollar and crude oil prices is likely to strengthen as Canadian oil production gradually expands in the coming years.

Chen Hui had been shorting the Canadian dollar last night, using an HSBC account with $13 billion of his private funds. Chen Hui used a hundred times leverage to short the Canadian dollar!

Chen Hui's CAD straight market is USD/CAD, and the cross is AUD/CAD, CHF/CAD, EUR/CAD, GBP/CAD, these four varieties, a total of five varieties.

At the moment, USD/CAD is at 1.0840, AUD/CAD is at 0.9602, GBP/CAD is at 1.7750, CHF/CAD is at 1.2012, and EUR/CAD is at 1.4842.

Chen Hui currently holds a total of 200,000 contracts of long positions in USD/CAD, (200,000 lots of long positions in USD/CAD is equivalent to a short position of 200,000 lots of CAD/USD)

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100,000 lots of long positions in AUD/CAD, 150,000 lots in GBP/CAD, 100,000 lots in CHF/CAD, 150,000 lots in long positions in EUR/CAD. A total of 700,000 lots.

This is a position that Chen Hui established last night, but Chen Hui still plans to continue to increase his position! This position is far from enough, but the Asian trading volume in the morning is very small, and Chen Hui has not established many positions. Time slowly wears out, wears out. Chen Hui drinks tea from time to time, opens positions from time to time, at this moment Chen Hui has 10 computer screens in front of him, he looks at the trend charts of various foreign exchanges, over time, he feels sleepy, and his head is a little dizzy.

Soon the whole morning passed, and by 12 o'clock in the afternoon, Chen Hui crawled on the table and fell asleep. At this moment, his position has changed again, and he has opened an additional position of 200,000 lots! At this moment, he has a total of 900,000 positions for five Canadian dollar varieties.

USD/CAD, AUD/CAD, CHF/CAD, EUR/CAD, GBP/CAD are all in a volatile market, and now the moving averages of their daily charts are in a bullish alignment, and Chen Hui is opening positions at key support levels.

USD/CAD is trading at the support level of the 5 EMA, oscillating in the 20-pip range.

AUD/CAD is at the support level of the 20 EMA, oscillating in a 15-pip range

The CHF/CAD pair is at the support level of the 5 EMA, oscillating up and down along it, shuttling back and forth.

EUR/CAD broke below the 5 EMA and found support around 10 pips above the 10 EMA.

GBP/CAD is stuck above and below the 5 EMA.

At this time, Luo Baowen knocked on the door, but there was no reaction, and she immediately walked in and saw Chen Hui who was asleep on the table, which made her extremely surprised. I didn't expect Chen Hui to have this side. He's working so far!!

Just when she wanted to come over and call Chen Hui, Chen Hui woke up, took a few deep breaths, and then said to Luo Baowen, "What's the matter?"

Luo Baowen paused and said, "Chairman, it's time for lunch!"

"Oh, I almost forgot!" Chen Hui immediately got up, then hugged Luo Baowen, and was about to go out, but after thinking about it, he said: "You go eat by yourself, I still have something to do, let the chefs send my lunch to my office, you go out, I still have something to do!"

After speaking, Chen Hui returned to his boss's chair alone, leaving Luo Baowen with a confused face. I can't figure out why Chen Hui is so strange.

Chen Hui looked at Luo Baowen stunned in place, and immediately said, "Why are you still stunned? Hurry up and order, I'm hungry now!"

At this moment, Chen Hui looked at the fluctuations of the Canadian dollar and seemed to have changed somewhat, which immediately attracted Chen Hui's attention. The volume of trading is expanding, indicating that the opportunity to open a position is coming again. So he wasn't going down for lunch.

Immediately, he quickly typed on the keyboard and quickly bought USD/CAD, AUD/CAD, CHF/CAD, EUR/CAD, GBP/CAD.

Fifteen minutes later, Lo asked the chefs to push Chen's lunch into the office, and then Lo waved her hand and told the chefs to leave. Then sat on the sofa and looked at Chen Hui's serious and focused appearance, I have to say that Chen Hui at this moment is very, very charming. made Luo Baowen lose her mind and be intoxicated for a while.

Luo Baowen sighed in her heart: "It's a pity that this person is too bad, and he is extremely bad, he looks like a humble gentleman on the surface, but he is a veritable devil!"

"Why are you looking at me like this? Are you glaring at me again just now?" Chen Hui shook his neck, and said to Luo Baowen again: "Hurry up and eat! What are you doing on the sofa?"

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Then the two began to eat, Chen Hui ate quickly, and Luo Baowen chewed carefully, looking at Chen Hui from time to time.

"You give me food quickly, wait and get these things out for me, I don't want to wait for you!" Chen Hui watched Luo Baowen eat elegantly, chewing carefully, swallowing slowly, and immediately said: "Hurry up, I'm going to be full!"

Luo Baowen looked at Chen Hui speechlessly, snorted at the corner of her mouth, and had to speed up her eating.

Chen Hui is always annoying when he talks, but after the two get along together, they can barely make do.

"You're so busy, why don't you find a few helpers to help you get that thing?" Luo Baowen pointed to the computer screens around Chen Hui's desk, and said, "Sitting in the middle, are you busy?"

"It's okay, it's going to be," Chen Hui said while eating lunch, "You can still be busy!"

At this time, Luo Baowen wanted to say something, but was interrupted by Chen Hui, "Okay, I'm full, you eat slowly!" After speaking, Chen Hui returned to his desk and continued to build a position.

Luo Baowen was angry and wanted to care about this person, but this person still didn't appreciate it.