$69.25 billion of funds were fully long the British pound against the currency

After the two had breakfast, Chen Hui sent Ling Yu'er back, and then returned to Room 666 of the Caesar Hotel.

A major piece of news that appeared on the headlines of the world's major media!

Janet Yellen, female, B.A. in economics from Brown University, Ph.D. in economics from Yale University, is a Jewish-American economist and professor of economics.

On February 1, 2014, Yellen officially succeeded Bernanke as the first woman in history to sit at the Federal Reserve.

The Federal Reserve, which has just passed its 100th birthday, ushered in a new round of leadership changes. On January 31, local time, the predecessor Zhu Xiben Bernanke stepped down, and Janet Yellen, deputy chairman of the Federal Reserve, became the next Zhu seat of the Federal Reserve on February 1.

Yellen will be formally sworn in at 9 a.m. ET on Feb. 3.

That is, tonight.

Seeing Yellen become the seat of the Federal Reserve, Chen Hui pondered.

As the first woman to sit in the Fed's 100-year history, Yellen has been a strong supporter and public advocate of the Fed's loose monetary policy, and is considered a dovish.

When Yellen takes office, she will make decisions on a series of issues, including when the United States will fully exit QE (quantitative easing) and when interest rates will rise. These decisions, in turn, will have repercussions for the United States and the global economy.

And at the last monetary policy meeting held at the end of last month, the Fed decided to further reduce the size of QE. The agency announced on January 29 that it would further taper its monthly bond purchases by $75 billion to $65 billion starting in February.

Thinking of this, Chen Hui said secretly: "The dollar will start a new bull market in a few months!"

"This time, I'm going to fully long the US dollar currency pair!"

"More money is needed!"

···

After thinking about it, Chen Hui opened the trend chart of all foreign exchange varieties, and at this time, the British pound currency exchange attracted Chen Hui's attention.

Immediately he opened the GBP/USD chart, which is currently in the daily chart, and the GBP/USD has been falling for 6 days in a row!

On the monthly chart, GBP/USD has fallen to near the 5 EMA, where there is strong support.

"Good opportunity, this time to do a wave of pounds in the short term!"

Immediately, Chen Hui made a phone call to Bitar in Malaysia, and after connecting.

Chen Hui immediately asked, "Bittar, have you all made up the deals?"

Bital, who is now the head of the trading department of Standard Chartered Bank, now has several large trading rooms in Malaysia, bringing together the world's traders and the world's traders.

Bitar immediately said: "Chairman, it has been done, there are currently a total of 500 traders!"

He brought back most of the traders in Standard Chartered's branches around the world, and at the same time recruited a number of traders, which has gathered 500 traders.

Although it is not as large as the scale of more than 800 traders in a large trading room of ICBC, it is also very large, and it is the size of a small movie theater here, with complete equipment and facilities!

When Chen Hui heard this, he immediately said: "Very good, I am very satisfied!"

Bitar said: "Chairman, this is all within my responsibility"

Chen Hui said: "Bittar is now not only the head of the trading department of Standard Chartered Bank, but also the manager of a hedge fund in secret!"

"I'll use the black mask to contact you in the future!"

"And in the future, these traders are all hidden!"

"Since then, they have all left Standard Chartered Bank and become traders under my hedge fund!"

"You're in charge of these people for the time being!"

Chen Hui said slowly, for these 500 traders, he plans to get all of his 50 hedge funds, and it is enough to keep a small number of traders in the trading department of Standard Chartered Bank, and first make up for the personnel of his most important 50 hedge funds!

Bitar excitedly said, "Yes, Chairman!". He naturally knew that the chairman had 50 hedge funds hidden around the world, and although he was now the head of the trading department of Standard Chartered Bank, he was not announced to the public, which was equivalent to being hidden, and only a few internal executives knew about his existence.

What he is doing now is in the shadows, and he will not see the light, but he likes this, because it allows him to be incognito, not to be a bird, and to attract the wind of a big tree, and the FCA is still investigating him! He doesn't want to make any more trouble.

Now the chairman has made him a hedge fund manager, which shows that he has a lot of trust in him.

He used to be a trader at Deutsche Bank Group, and was later forced by Chen Hui to become a trader at Standard Chartered Bank, thinking that Chen Hui just wanted to squeeze his use value, but he didn't expect Chen Hui to trust him now, which is also an opportunity for him to perform!

Chen Hui said: "Bittar, this time I will provide 50 billion US dollars, and you will go long on the British pound currency exchange!"

"There are 1,250 accounts in total, so each trader can operate 2 or 3 accounts!"

Chen Hui's $50 billion fund is divided into 1,250 accounts, each of which is $40 million, all of which are located in the world's top 50 banks.

Just let these 500 traders operate these 1,250 accounts.

Hitar said in shock in his heart: "Yes, chairman!"

$50 billion in funds to go long the British pound currency pair, he was shocked in his heart, this fund is too huge!

$50 billion in funds, what kind of concept is this! Once a large leverage is used, even the Bank of England will avoid its edge!

Thinking of this, he continued: "Chairman, we can go into battle at any time now!"

Chen Hui immediately said: "Well, then you will start to open a long position in Europe today to go long GBP/USD, GBP/EUR, GBP/CAD..."

"This time it's just a short-term long!"

"We'll tell you when the time comes!"

This time, the $50 billion fund is fully long the British pound currency pair, but it is not sloppy, the pound is often skyrocketing and plummeting, especially because of the problem of Scotland, its trend is particularly violent, if the position is not good, it is very easy to be passive!

If the position is not good, even in the case of making money by going long, you may lose money due to the sudden collapse of the pound.

This time, if you are long the British pound currency pair, Chen Hui also plans to supervise more!

Bitar said solemnly: "Chairman, I understand!" At present, the GBP/USD has been falling for 6 consecutive days, and the downward trend is still very obvious!

If it were him, he wouldn't dare to go long GBP/USD!

GBP/USD has been falling for 6 days in a row, and this bottom-buying behavior is very unwise.

But the chairman is different!

All he had to do was carry out the order!

"Very good, when the time comes, the people of the Sky Covering Company will take full responsibility for your security issues!"

"Thank you, Chairman!"