At this moment, Luckfield Asset Management Company, the chief president's office, Dai Yan sat on the boss's chair, suddenly jumped up, his face was full of surprise, he took a deep breath, and shouted: "Okay!! let me continue to fall!!!

He knew that God would be on his side at a critical moment, and when he felt desperate, he brought him the dawn of hope, how desperate he was when USD/CAD rose to the 1.1010 level, for fear that the account of the foreign exchange department would be liquidated and end his legendary reputation, when a large number of customers asked for the redemption of funds, it would be difficult to do.

Dai Yan clenched his fists and muttered: "As long as you resist until the Bank of Canada interest rate meeting tomorrow night!!! everything is still possible!!", now he tasted some sweetness slightly, and he is undoubtedly looking forward to the Bank of Canada interest rate meeting tomorrow night.

At this moment, in the foreign exchange trading department, the market fell by 40 points in more than 5 minutes, which surprised them and was very excited.

At this moment, the eyes of traders are wide open, staring at the USD/CAD chart.

A trader said excitedly: "Fortunately, Canada's economic data is bearish for the USD/CAD!", looked at the crowd, he said with palpitations: "Just now I thought we would blow up in an instant, but I didn't expect the USD/CAD to fall by 40 points so quickly! What a blessing, it seems that God has given us new hope at a critical time!" After speaking, he made another prayer 'Thank God!'

They currently hold 6 million lots of short positions in their account for USD/CAD, with an average position at 1.0800, and are currently losing 170 pips, totaling $10.2 billion, which is $2.4 billion less than before!

Another trader chimed in: "Yes, let's hope God will favor us this time!

Now USD/CAD has fallen 40 pips from today's high at 1.1010, causing panic among many short-term bulls to close their positions.

Another trader said, "I hope so! If you look at the economic data from Canada, it's not completely out yet! It would be nice if all the economic data were negative for USD/CAD!"

One trader was thrilled and said, "Haha, it's really possible! I think we're going to get lucky!"

"Danny, USD/CAD is starting to plummet!" a trader looked at Danny, who was silent in the distance, and continued, "We have hope again!"

Danny smiled slightly at this time, seemed to be relieved, and said, "Let it be fate! I hope God won't play with us this time, make us desperate, and bring us hope, and finally make us desperate!" Speaking of this, he sighed and said, "People are always reincarnated in hope and despair!"

A while later, Canada released several economic data releases in succession.

Canada's manufacturing new orders for November month

Previous 1.2%

Forecast: 1.5%

Declared value4.8%

Manufacturing shipment, also known as manufacturing sales, is an economic indicator that reflects the monthly sales status of Canadian manufacturing enterprises, including five sub-indicators: shipments, new orders, orders for completion, inventory, and inventory loading ratio. It reflects the state of market demand. Rising volumes of goods, including unsold inventory, mean lower demand for the Canadian dollar, which is negative for the Canadian dollar, while lower volumes mean high demand or positive for the Canadian dollar.

This data is bearish for USD/CAD!

Canada's manufacturing shipments in November MoM

Previous 0.3%

0.8% forecast

1% of the declared value

Canada's wholesale sales in November YoY

Previous 2.3%

Declared value3.5%

Canada's manufacturing inventories for Nov

Previous 0.2%

Declared value: 1.6%

Canada's wholesale inventories in Nov

Previous -0.2%

Published value0.3%

·· This flurry of economic data is positive for the Canadian dollar and bearish for USD/CAD!

Immediately the USD/CAD pair continued to fall sharply, and in 20 minutes it fell by 40 points, from 1.0970 to 1.0930.

Its 5-minute chart, 4 medium-sized black candlesticks appear in a row!

Whether it is the bulls in the market, or the bears' hearts are hanging, some are excited, some are excited, some are happy, and some are depressed!

Chen Hui immediately chose to increase his position to buy USD/CAD, and directly placed a long order of 100,000 lots of USD/CAD, supporting the decline of USD/CAD.

Now USD/CAD has plummeted from 1.1010 to 1.0930 in half an hour, a total of 80 points, and many short-term bulls have begun to enter the market!

USD/CAD was completely supported and began to oscillate at high speed in the 1.0930-1.0940 zone.

At this moment, in the trading room of Trier Bank, Chairman Michael Bida looked at the trend of USD/CAD with a blue face, and actually fell by so many points again! He regretted it very much, why he did not choose to close his position when USD/CAD was at 1.1010 just now, and when USD/CAD fell to 1.0970, he still did not choose to close his position! Now USD/CAD has fallen to 1.0935! He suddenly couldn't help it, and shouted: "Close all my positions for me!" , he shouted, USD/CAD fell another 5 points, and reached the 1.0930 position again, which suddenly shocked him, it seems that USD/CAD is going to continue to fall, looking at a group of dazed traders, Mepida shouted again: "Didn't you hear me? Close all positions!!"

At this moment, his heart is like a frightened bird, and now their long position of 1 million lots of USD/CAD was still floating at 1.1010 at 1.1010, with a floating profit of $1.7 billion at 1.0970, and now it has fallen to 1.0930, and their account is still floating with a profit of $1.3 billion!!

"Chairman, the USD/CAD has fallen so many points at present, and now many bulls have come out to buy the bottom, do we really want to close them all?" A trader looked at the current market trend and said again: "Chairman, now the USD/CAD has been supported!"

"Chairman, maybe tonight's decline in USD/CAD has come to an end, can we watch for a while?" One of the traders pointed to the USD/CAD chart and said again: "Look, Chairman, many bulls are buying bottoms now!"

But there are also traders who disagreed, saying: "Chairman, we can't be greedy anymore, let's close our positions while USD/CAD is still above 1.0930!"

Now there is $1.3 billion floating in the account, plus the $1.5 billion that was previously in the pocket, it will add up to $2.8 billion!

·····

Listening to everyone's words, Mai Bida hesitated and struggled for a while, and immediately said: "Flat 500,000 hands first! Leave 500,000 hands to close tomorrow!"