Chapter 701: Bloody (+4)

"The average is 6.8869, close to 50 times leverage, reiterate, 50 times leverage, real-time FOB exchange rate 6.9081! 6.9081! ”

The difference between bulls and bears is that Keda, HSBC, Standard Chartered, Prudential, Qingyu and Hanlong submitted all the capital operation data to Lei Hao, and in the end, Lei Hao was directly in charge. Pen "Fun" Pavilion www.biquge.info

The overall principal is about to exceed 20 billion US dollars, the Thunder and LEI themselves have 3 billion, plus the central bank quietly milked a mouthful, and they held 5 billion US dollars, accounting for a quarter of the share, and the rest is the funds of various institutions.

Leo and Tao Liyu are not rookies, they quickly integrated the information, and directly linked the trading departments of several institutions together through modern instruments.

Therefore, the base of 50 times leverage is 20 billion US dollars, that is, counting the formal market contracts, the leveraged agreement principal of all contracts reaches the trillion level.

With such a huge amount of money, 1% is a loss of 10 billion, and due to the bears' crazy attack on the exchange rate, when the exchange rate fell to 6.9081 now, Lei Hao's previous operation showed its effect, and he earned 0.3%!

At the beginning, Lei Hao sold short from 6.71 and cleared at 6.85, with an agreement amount of more than 10 billion US dollars, and other institutions began to sell short at 6.81, and cleared around 6.85, with less than 8 billion in agreement finance.

Calculated in total, Lei Hao made more than 200 million yuan in the early stage, and other institutions made a profit of less than 47 million, adding up to about 250 million.

However, today alone, Lei Hao tactically needs to grab chips with the bears, and since 6.85, he has been grabbing the chips of the shorts, that is, short selling, and it is a very costly short selling.

Thunder, LEI, HSBC, Keda, Standard Chartered, Prudential, Qingyu and Hanlong have reached 6.8869 as a whole, what will happen if the bears do not come out to suppress the exchange rate? will make the chips in Lei Hao's hand rot and die here.

But now the bears have appeared, the war is coming as scheduled, and when the exchange rate falls below 6.8869, Lei Hao is equivalent to achieving a book profit, 3 billion!

The process is magical, so magical that it directly deters all the traders of several other institutions, because everyone knows that Lei Hao's goal is bullish, and the strategic goal is to stabilize the exchange rate, swallow up the amount of energy, and harvest profits.

Is there a better situation than now?

To measure the energy, the short position appeared, and a large number of short selling orders appeared.

If you want funds, how much money can Lei Hao have in his hands now? The answer is more than 23 billion plus a short sale contract with a principal amount of one trillion in agreement.

The principal is 20 billion and the profit is 3.25 billion US dollars, but don't forget that the foreign exchange market is a T+0 operation, and Lei Hao has a large number of short selling contracts on his books, that is to say, when he closes these short contracts, it is equivalent to being bullish!

Moreover, after closing the contract, reaping profits, and turning around, the position of the book principal has increased, originally only 20 billion US dollars, but now Lei Hao is doing his best to go long, but it is equivalent to holding 33.2 billion US dollars.

The extra is not only profit, but also strategic power.

There are also disadvantages, Lei Hao grabbed the shorts' chips, and the bears suppressed the exchange rate, and his extra chips were kidnapped by the original bulls in the market, otherwise...... Where do short selling hedging orders come from?

"Fortunately, when we were sucking chips, we strangled some of the bears."

"At this time, wait-and-see funds will be very cautious, and the number of bearish and bullish funds should not be far behind."

"But as long as one side shows a decline, it is easy to form a snowball-like flood discharge posture."

Thinking of their own operation since yesterday afternoon, everyone has a flame in their hearts, snatching food from the tiger's mouth, and snatching a part of the chips from the opponent's hand without the opponent's knowledge, which is too crucial.

After all, wait-and-see funds are a small amount of participation at the decisive moment, and Lei Hao's collection of chips is equivalent to accumulating strength, so that these forces can fully explode here and now, and this practice is likely to be the key point in determining the outcome of the battle.

"You have the Federal Reserve, I have the Central Bank of China, if the Federal Reserve dares to be shameless, the Central Bank of China will dare to be skinny, and we are always at home," Listening to the sound of various offers in the earbuds and watching the changes in the data on the screen, Lei Hao was very calm: "I still have an advantage......

"Time!"

"Now it is the appreciation of the dollar to form a shock wave, if the exchange rate is not suppressed in a short period of time, it is equivalent to the market at least acknowledging these exchange rates, drag a little time, and then want to suppress deeply, the market psychology does not allow!"

The appreciation of the US dollar and the depreciation of other currencies are quite easy to understand, but you cannot cause other currencies to continue to depreciate at one time, there is always a limitation.

Lei Hao's advantage is that he can now defend directly, and the opponent has shifted from the early stage of occupying a psychological advantage to the middle and late stages of a psychological disadvantage.

If you are short, you have to worry about whether others can defend it, and you have to worry about the intervention that the central bank of China may intervene at any time, and your "parent" Fed has finished its big move and is in a state of CD cooling, and the central bank of China is still waiting there.

So, either a quick solution or a retreat, the bears don't have much choice.

What's more, Lei Hao knew that the other party already had profit margins, and the group of guys in North America decided to short RMB earlier than everyone else, and they started to open positions very early, so they had book profits.

What if you can't break 6.95 and can't touch 7.0? Whatever, retreat to 6.8, and the short position may be enough to keep the book from losing.

Who is it that loses? It is those participants who have been pitted, small and medium-sized institutions that follow the trend and short will cry without tears, and then a large number of hedging contract positions, and enterprises that have increased the hedging ratio will also hand over part of the original profits.

This is how the financial circle plunders profits, some people win, some people cry, everyone sets a model, and what is harvested is the money of industry and the middle and lower classes.

At the moment of the decisive battle, many people were closely watching this side, and the bears were undoubtedly prepared, taking advantage of the appreciation of the dollar and China's financial market, directly impacting the exchange rate, and there was also the assistance of the collapse of the Chinese stock market.

However, what is surprising is that China's stock market has been falling, but there is no sign of collapse, and in the foreign exchange market, things have happened that make people fall through the glasses, no matter what level, the bulls show a strength that is not inferior to the bears.

If you don't throw the order, I will let the exchange rate slowly rise one basis point at a time, and the radical style actually has a sense of heaviness in opening and closing, which simply makes everyone stunned.

"There are only 5 million contracts left!"

"3 million!"

"1 million!"

"The short position is completely closed!"

The foreign exchange market generally takes $100,000 as a contract, because the principal of the agreement is too large and the exchange rate change is too small, so there are basically many ways for people in the industry to offer, one of which is to directly say several contracts, each contract represents the agreed amount of $100,000.

Lei Hao's position is calculated by "Zhang", which is 10 million, which is closed within half an hour, which is absolutely appalling, however, the trading volume is still blowing out, and the smell of blood permeates the entire market.