910 euros
In the evening, after Chen Hui had dinner at Lin Jing's house, he left the Lin family's mansion and returned to Temasek Tower, which was now 7.50pm and the American plate was about to begin.
In the trading room, Hu Jianghu's trading team is eating dinner at this moment, reviewing from time to time, New York Copper opened at half past nine in the evening, and tonight they are responsible for closing the remaining 2 million short positions of New York Copper!
And Adam's trading team is busy closing long positions on EUR/USD.
Adam saw Chen Hui's arrival and immediately greeted him.
At this time, Chen Hui looked at the EUR/USD chart and said, "Today's economic data in the euro area is good!"
Adam said excitedly: "Yes, Chairman!"
"Several Eurozone economic data have been released, and this time we can close all the remaining long positions on EUR/USD before the market closes!"
They closed very few positions during the Asian session today, but closed a lot of positions during the European session!
In particular, the Eurozone CPI for February was previously announced
Previous -1%
0.1% forecast
Published value0.4%
The Consumer Price Index (CPI) is mainly used to measure the level of prices of various consumer goods and services, reflecting the average level of general consumer prices. Consumer prices are the largest part of overall inflation. Inflation is important for monetary valuations, as rising prices will cause central banks to raise interest rates in order to control their inflation targets.
This data was very positive for EUR/USD, allowing them to close a lot of positions!
Thinking of this, Adam hurriedly said: "Chairman, now we have 1 million lots of EUR/USD long positions!"
This time, Adam's team used Chen Hui's $30 billion in his U.S. bank trading account to go long EUR/USD, and their account established a total of 7 million long positions, with an average position of 1.3680, and has now closed 6 million EUR/USD long positions, pocketing most of the profits.At present, EUR/USD is at 1.4050, and there are still 1 million long orders of EUR/USD in the account, and he will let his team close all tonight!
Chen Hui nodded and said, "After closing the EUR/USD position this time, you will have a good rest for a weekend, and you will start to open short positions on EUR/USD from next week!"
Some economies in the eurozone will soon be overwhelmed!
Like Greece, Spain's economy is on the verge of collapse, so the ECB will immediately implement a negative interest rate policy.
Now Chen Hui is going to open a huge short position in the euro currency pair a few months in advance!
This time, Chen Hui plans to invest a huge amount of money to do ultra-long-term, and the operation cycle may exceed one and a half years!
Adam said solemnly: "Yes!" After saying that, Adam immediately returned to his trading team.
Chen Hui came to his special position and looked at the trend charts of major varieties.
At this time, Hu Jianghu also came to the night shift, and when he saw Chen Hui's figure, he immediately ran over, and swore to Chen Hui that he would close the remaining short positions in New York copper tonight!
At half past eight in the evening, the economic data of the United States was released.
Previous 0.5%
Exploring: 0.7%
Published value: 0.1%
The consumer price index is abbreviated as CPI, which is a price change index based on the prices of goods and services related to people's lives, and is usually used as an important indicator to observe the inflation level. It is one of the important indicators to measure inflation in the United States, and the Federal Reserve uses this data to adjust its monetary policy, which in turn affects the trend of the US dollar exchange rate in the short term.
The data was very bearish for the US dollar, bullish for EUR/USD, and EUR/USD rose by more than 30 points, from 1.4050 to 1.4080!
"Close 200,000 lots!"
Adam watched the EUR/USD pair strengthen and rushed the traders to close their positions!
Soon the EUR/USD pair was knocked back to the prototype and fell to around the 1.4050 level!
At 9 p.m., the US economic data came out again.
U.S. Industrial Production in February
Previous 0.1%
Expected 0.4%
Published value0.7%
Industrial production is an important economic indicator to measure the real output of manufacturing, mining and public utilities, and the job production index is the main indicator that reflects the changes in a country's economic cycle. As a leading indicator of the health of the economy, production reacts quickly to the ups and downs of the business cycle and is closely linked to many industries, such as consumer spending and employment. If industrial output rises, it is good for the dollar.
The data is bullish for the US dollar and bearish for EUR/USD.
But the strong EUR/USD pair did not fall by many points, but was supported by only 10 points.
During this period, Adam's trading team also stopped closing positions to avoid further pressure on EUR/USD!
Immediately after 5 five minutes, the New York Fed manufacturing index for March in the United States
The previous value was 9.47
Expected: 10
Published value 7.24
The New York Fed Manufacturing Index is an indicator published by the New York Fed. The manufacturing index is an important index in economics, which together with the consumer price index, the producer price index, and the industrial production index, constitute a macroeconomic barometer.
This data is greatly bearish for the US dollar and bullish for EUR/USD!
As a result, the EUR/USD pair rushed up by 50 points again after 10 minutes, and Adam's trading team immediately closed the position frantically!
At this time, Chen Hui shouted: "Adam, increase the number of lots to close the position!"
As a result, under the strong sell-off of Adam's team, the EUR/USD pair fell sharply to the 1.4010 level before stopping!
Then it shook for more than half an hour!
The preliminary value of the University of Michigan Consumer Sentiment Index for March in the United States has been announced!
The previous value was 77.6
Predicted value 78
Published value 71.8
The University of Michigan Consumer Sentiment Index is a regular survey and assessment of consumers' perceptions about their personal finances and the state of the country's economy, conducted by researchers at the University of Michigan. Financial market confidence is a leading indicator of consumer spending, accounting for the majority of economic activity. There is a stronger correlation between the University of Michigan Consumer Sentiment Index and consumer spending. If consumer confidence rises, the bond market sees it as bearish and prices fall, while the stock market usually sees it as positive. The U.S. dollar exchange rate usually looks to the Fed for hints, and if consumer confidence rises, it means consumption growth, the economy strengthens, and the Fed may raise interest rates, then the dollar will strengthen accordingly.
This data is very bad, bearish for the dollar, bullish for EUR/USD, so EUR/USD went crazy again, rising 70 points in half an hour!
Adam's team is continuing to increase the lot size to close positions!
Soon the EUR/USD pair was pushed to the 1.4020 level!
At half past ten o'clock in the evening, Adam ran over and said, "Chairman, all positions have been closed!"
Looking at Chen Hui's satisfied expression, he said excitedly and happily: "Chairman, we have made a total profit of 21 billion US dollars this time!"
This time, Adam's team used Chen Hui's $30 billion in his private trading account in the Bank of America to go long EUR/USD, and established a long position of 7 million lots, with a fluctuation of one point of $70 million, an average opening position of 1.3680, and an average closing position of 1.3980! A total profit of more than 300 points, a total of $21 billion in profits!
Return on capital is 70%!
Now Chen Hui's net value in his private trading account with Bank of America has reached $51 billion!
He directly gave the 70 million dollars profit mantissa in his account to everyone as a reward!
Recently, these people have really worked hard, and now they are just helping themselves to trade, and they will also get their own funds to operate in the future!
This operation also proves their ability!
Finally, Chen Hui said to everyone in Adam's team: "Have a good rest for a weekend, and you will have more important tasks from next week!"
Everyone said in unison: "Yes!!"
Keep in mind that the first domain name :.com this book. The mobile version of the mobile version of the wonderful book house is :.com