At the start of the European session, USD/CAD started to rise all the way, and today the USD/index is also particularly strong, driving the strength of all US dollar series currencies, and USD/CAD is no exception.

At this moment, in Xiangjiang, Standard Chartered Building, and the chairman's office, Chen Hui quietly looked at the crazy rise of USD/CAD, and now many short-term bears of USD/CAD in the market have stopped their losses, cut meat, and vigorously pushed USD/CAD up.

At about 3 o'clock in the afternoon, USD/CAD rose to the level of 1.0950, when suddenly a large number of selling orders appeared in the market. USD/CAD immediately fell all the way, falling 30 pips in 10 minutes and reaching the 1.0920 level.

"The opportunity to increase the position has finally arrived!"

Chen Hui immediately seized the opportunity and directly bought 100,000 lots to support the USD/CAD.

But not long after, USD/CAD continued to fall, falling directly to the 1.0910 position, Chen Hui bought 100,000 lots again, and finally completely supported the USD/CAD level, rising 10 points in a few minutes, from the 1.0910 position to the 1.0920 level.

Chen Hui continued to increase his position, and the USD/CAD pair rose to 1.0950 again at 5 o'clock in the afternoon.

During the whole period, Chen Hui increased his position by a total of 500,000 lots of USD/CAD!

Today he has a total of 7 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 1 million lots of EUR/CAD.

The average open position of 4 million long positions in USD/CAD is at 1.0860, and at the moment CAD/USD is at 1.0950, with a total floating profit of 90 pips, which is $3.6 billion.

AUD/CAD is at 0.9670 at the moment, and Chen Hui's current 500,000 AUD/USD long position has an average opening position of 0.9540, with a floating profit of 130 points, totaling $650 million!

GBP/CAD is now at 1.8040, up another 40 pips from before, continuing its strong upward momentum!

At this time, Chen Hui's long position of 1 million contracts of GBP/CAD was opened at 1.7740 on average, and he was making a profit of 300 pips, totaling $3 billion.

The CHF/CAD is currently at 1.2024 and was supposed to rise first today, but today the CHF/CAD fell due to the broad weakening of the Swiss currency and the poor economic data in Switzerland.

At this moment, Chen Hui holds a total of 500,000 long positions of CHF/CAD, with an average position of 1.2000, and is currently making a profit of 24 points on his account, with a total floating profit of 120 million US dollars!

EUR/CAD is currently at 1.4890, Chen Hui holds a long position of 1 million EUR/CAD, with an average position at 1.4810, making a profit of 70 points at the moment, with a total floating profit of $700 million.

Calculated that Chen Hui's HSBC account made a total profit of $8.07 billion, and HSBC's account net value rose to $21.07 billion!

After Chen Hui watched USD/CAD gain a firm foothold at 1.0950, he also completely stopped adding positions!

I secretly said in my heart: "Tomorrow is the Bank of Canada's interest rate meeting, strive to increase the position of USD/CAD at a lower position!"

Tomorrow those USD/CAD dead bears will die, Chen Hui intends to open more positions! Everyone in the market is waiting and seeing, but Chen Hui does not need to wait and see!

···

At this moment, in the trading room of the Bank of Montreal, Chairman Meybida personally supervised the closing of all the traders' positions, and looked at the long positions of 500,000 USD/CAD that had been closed, he was very satisfied, and said loudly: "Continue to close the position, tomorrow is the Bank of Canada's interest rate meeting! It is very likely that the Bank of Canada will choose to raise interest rates, so before tomorrow afternoon, I want you to close all the USD/CAD positions!" Seeing the somewhat sullen expressions of the crowd, Maibida shouted loudly: "Did you hear clearly?"

Micro is very worried that the Bank of Canada will suddenly raise interest rates this time, in which case the Canadian dollar will definitely be extremely strong, and then the USD/CAD will collapse, in which case they will lose a lot of profits in their accounts, and they will not take this risk. As for Adam, he has no use value, so he swept Adam out of the house, and the benefits are naturally there, and the profits of 2.5 billion US dollars can be safely pocketed, and a lot of bonuses can be saved!

Everyone shouted in unison, "Hear clearly!", everyone also knew about Adam's matter, but there was nothing they could do! They could only endure it silently, and some people also wanted to leave after this time, and they were completely disappointed with such a boss, and they actually drove Adam away like this!

Some people want to stay and take Adam's place, maybe Adam is very capable, but too aggressive, risky, last month, their account has been in a state of loss, the highest floating loss of more than $1 billion, but Adam resisted to the death, during which the boss and directors were very dissatisfied. Fortunately, Adam was right, and now their account has gone from a maximum floating loss of $1 billion to a maximum floating profit of $3 billion.

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At this moment, Luckfield Asset Management Company, Dai Yan sat in the boss's chair, with a depressed look, and muttered: "I can only bet on the Bank of Canada's interest rate meeting!"

In the foreign exchange trading department, Danny looked at the USD/CAD chart with a blank face, and now the USD/CAD has risen to the 1.0950 position, and they are holding a total of 6 million long positions in USD/CAD at the moment, with an average position at 1.0800, with a floating loss of 150 points, totaling $9 billion!

"Danny, it's a terrible situation, we have less than $5 billion in available funds in our account today!" said one trader, "probably not making it to the Bank of Canada interest rate meeting!"

With less than $5 billion of available funds in their accounts today, if USD/CAD rises by another 100 pips in a panic before the Bank of Canada's interest rate meeting, their account will be finished. But after Danny returned from the president's office, he barely spoke, and his whole face was cold.

"Danny, what are we going to do now?, are we waiting for the liquidation?" another trader said in a panic, "Is there really no way?"

He was really unwilling in his heart! After fighting hard for so long, he will end up in a fiasco!

"Don't be so pessimistic, before the Bank of Canada's interest rate meeting, the USD/CAD will not rise by that much! Maybe the Bank of Canada suddenly decides to raise interest rates, and then the bulls in the market frantically unwind their positions, causing the USD/CAD to plummet by a few hundred points! Then we will make money!" Another trader looked at the crowd and asked whimsically: 'When the USD/CAD plummets by a few hundred points, do you say?'

Everyone shook their heads and laughed.