538. A large crocodile that hides in the shadows

Seeing that the EUR/CAD trend finally stabilized and gained a foothold at the 1.4820 level, Chen Hui immediately got up, stretched his neck, came to the dining place, and began to have dinner.

But looking at Luo Baowen in the distance and looking at her focused work, Chen Hui immediately shouted: "Luo Baowen eats!"

Luo Baowen heard Chen Hui's voice, reacted immediately, got up and quickly washed her face, and then hurriedly came to the dining place and said to Chen Hui: "Can you talk about business during meal time?"

It's time to eat now, but she thought of something she had missed, this matter is very important, she didn't tell Chen Hui before, she only remembered it when she washed her face just now, for fear that she would continue to work later, and she forgot about it, so she wanted to talk about it while eating lunch.

Chen Hui frowned and said, "Say, what's the business?"

Usually during meals, Chen Hui doesn't like to talk about things at work.

Seeing that Chen Hui agreed, Luo Baowen immediately said: "Tomorrow, a star trader from Deutsche Bank wants to see you! Now that he has arrived in Xiangjiang today, the people who cover the sky have arranged for him to stay in the Caesars Hotel temporarily. ”

Chen Hui chewed lightly a few times, and then said: "Well, I know, let him come directly to the Standard Chartered Building at 2 o'clock in the afternoon tomorrow!"

"There's something wrong with this person, don't you read his information? I'm worried..." Luo Baowen wanted to say something, but Chen Hui immediately interrupted her and said, "I know, let's have dinner first!"

Luo Baowen glared at Chen Hui helplessly, and then ate dinner absentmindedly, this Deutsche Bank's star trader information has a big problem, Chen Hui didn't even look at his information!

"Okay, I have my own opinions!" Chen Hui gave Luo Baowen a reassuring look, and smiled mysteriously: "There are some things that are inconvenient to reveal now!"

"Oh, then I won't ask. Luo Baowen also put away her curiosity, and honestly began to eat dinner with Chen Hui, and the two had a drink from time to time.

After dinner, the two of them were busy with their own things again, Chen Hui returned to his desk, lying quietly on the boss's chair, looking at the trend charts of various varieties of the Canadian dollar. But there has been no good opportunity to open a position, so Chen Hui simply waited patiently, putting his fingers on the table and tapping gently.

After the opening of the American market, the USD/CAD took the lead in enlarging the trading volume and began to fall, falling by 15 points in less than 10 minutes, and is now at the 1.08250 position. He didn't look at how many dollars he had lost in his account, and no matter how much he lost, it wouldn't exceed $500 million!

When Chen Hui was slowly eating into USD/CAD, Brookfield Asset Management, Foreign Exchange Trading Department, and Danny were also instructing traders to start shorting USD/CAD!

Danny shouted: "Brothers, tonight we will hit those bulls hard, the short-term bulls who entered the market yesterday have been driven away by me!

After speaking, he pointed to the USD/CAD chart, and said emphatically: "We will work with them to suppress the USD/CAD! Although we still have losses in our account, the victory must be ours!"

Danny shouted, "Do you have faith?"

The crowd suddenly shouted, "Yes!"

At this moment, traders such as the Bank of Montreal and Adam are waiting to see if they will buy USD/CAD at a low level.

One trader looked at the USD/CAD chart with some shock and said, "Adam, are we going to wait, the USD/CAD bears are menacing at the moment!!"

Another trader next to him also chimed in: "Adam, maybe we can wait for USD/CAD to fall lower and buy again!"

At this time, another trader raised an objection and immediately said: "No, if the bulls in the market are not strong enough, then if the USD/CAD keeps falling tonight, it will make more short-term bulls retreat, and then we want to support the USD/CAD, maybe we need more funds!"

Adam thought carefully for a while and said, "Let's support it a little bit and wait until the U.S. economic data comes out later, so that we can be more secure!"

······

Everyone felt that Adam's words were very reasonable, and they did what Adam suggested.

At 9:30 p.m., USD/CAD was just at 1.0830, and the long and short sides of the market were waiting, when the US economic data came out, and the total number of US construction permits in December (10,000)

The previous value was 103.7

The forecast value is 101.4

The published value is 98.6

Construction permit means that before the construction project starts, the permission of the relevant departments must be obtained, and only after obtaining the permit can construction begin. Building permits are a leading indicator of where the real estate construction industry will run in the future. If there is an increase in building permits, it indicates a buoyant property market in the future, which is positive for the US dollar.

This data is not good, not bad, slightly bearish for the dollar, and the bears and bulls in the market have begun to exert force.

Chen Hui is naturally not excluded, the US dollar / Canadian dollar fell by 5 points first, but was quickly pulled up by 5 points by Chen Hui with a long order of 50,000 hands. Not to be outdone, the USD/CAD bears immediately started to push USD/CAD downwards.

USD/CAD has been oscillating repeatedly in the 15 ranges from 1.0835 to 1.0820.

Every time USD/CAD was suppressed around 1.0820, Chen Hui made the first move to pull USD/CAD up.

But Chen Hui's move made the USD/CAD bears in the market gnash their teeth. But I can't do anything! Every time USD/CAD falls to the 1.0820 level, it is always pulled up by a powerful force!

Brookfield Asset Management, Forex Trading Department, Danny's face was a little heavy, and his breathing tightened in his chest.

It forms a strong contrast with the previous look of excitement, joy, and confidence.

Other traders are getting more and more frightened, every time they suppress all the feeling is on cotton, USD/CAD falls first, but then rebounds quickly again, they are basically doing useless work! As soon as USD/CAD falls to around 1.0820, it will be pulled up in an instant.

At this time, a trader said in a panic: "Danny, I feel a powerful bullish force! It is like a big crocodile hiding in the shadows, and it is slowly opening its mouth to us, ready to eat us in one bite!"