At a time when the global pound exchange rate is changing and ups and downs, the chairman of Quantum Fund, who pierced the veil of the pound with a stick and vividly showed the weakness of the pound in front of the world, suddenly heard a hearty laugh from Soros's office.

Immediately afterward, Soros called the fund manager into his office.

The fund manager looked at Soros a little blankly, wondering what good news his boss knew.

The unresolved laughter in my ears now, and all this in front of me reveal an inexplicable weirdness.

Based on his nearly 20 years of experience working with Mr. Soros, after Mr. Soros has given instructions and made all kinds of plans, he will no longer call him over and ask him about anything, and he will rarely even ask questions.

If, sometimes, the target is not too big and the action is not so difficult, Mr. Soros may also go on vacation after telling him all the things that need attention.

In addition, the laughter just now, which he hadn't heard in the last five years, once made him suspect that it was not from Mr. Soros.

After all, Mr. Soros doesn't like to laugh.

Not caring what his subordinates' heads were thinking, Soros said with a slight smile: "The last rope with the guillotine hanging from the decapitation table has been cut by the British themselves, and the pound is determined to lose this time! The first batch of $3 billion in foreign exchange reserves, up to $10 billion, and the announcement of a 1% increase in the deposit rate at 8 o'clock tomorrow morning, the British are even less bold than I imagined. ”

The possibility of the German side helping has been cut off by the existence behind him, so the only thing he needs to worry about this time is the British to save themselves.

As soon as the British muster all their forces to save the pound, they will be in for a tough battle.

But now that the British ministers have come out with their exchange rate salvage measures, he can basically declare victory, and if he wants, he can go down to play a game of tennis, or go abroad for a holiday.

Not to mention the $3 billion foreign exchange reserves, but to talk about the maximum allowable limit, the $10 billion foreign exchange reserves, is a drop in the bucket and meaningless to the current situation.

After all, you must know that only these institutions had at least eight or nine billion dollars of pound shorts in their hands at the very beginning, and now even if they sell two or three billion dollars, there are still six hundred billion dollars of pound shorts.

Not even mentioning their $60 billion, the $10 billion from the Bank of England can't even fill the gap between the $20 and $30 billion they invested before.

Not to mention, there are a large number of retail investors who follow them and short them, these people's money is the big one, he estimated, and now in the foreign exchange market, the trading volume of the pound has exceeded 100 billion dollars.

Of course, the reaction of the British Yankees was also within his expectations, after all, Britain's foreign exchange reserves are only more than 80 billion in total, so how much can be used with such a small amount of money?

In addition, Major and other British cabinet ministers can basically be called a bunch of waste in his eyes, so they will be so shy and cautious, and they want to save the pound exchange rate, but they are afraid to pay a ridiculous look.

It's just that this kind of reaction is in his plan, which is the best situation he can encounter.

He once deduced that if he was the Prime Minister of the United Kingdom, he would definitely open up the supply of foreign exchange reserves at the first time, no matter how many shorts there were in the foreign exchange market, and eat them all one by one, and raise the exchange rate back.

And stick to it for at least two hours or more.

Only in this way can the majority of retail investors see the UK's determination to save the exchange rate, shake the idea of retail investors to short the pound, and even let them go long in turn.

As I said before, exchange rate operations have always been a psychological warfare, and the majority of retail investors are the decisive force, only by really influencing these retail investors and letting these retail investors follow their baton, then they can win.

If the British government can maintain the exchange rate now, wait until tomorrow morning, and then announce a rise in the interest rate on bank deposits, it will directly close the throat of these hedge funds and financial crocodiles.

At that time, the pound exchange rate will not only be able to be preserved, but also attract a lot of funds from Germany, France, and even the United States to rush into the United Kingdom, adding bricks and tiles to the growth of the British exchange rate and stock market.

This is the characteristic of the majority of retail investors, where they can make money, they will go, just like the grass on the wall.

Of course, the increase in bank deposit interest in the UK that he is referring to is not that the current 1% of the deduction is enough, but that it needs to be directly mentioned to about 5% or even more in one breath.

Only such a high interest rate can smooth out people's disfavor and loss of confidence in the pound.

But unfortunately, neither of these two has been done by the United Kingdom, and it is even far from it.

At this time, the fund manager in front of the desk was no longer surprised, and his forehead was covered with beads of sweat.

Mr. Soros's words just now are not many, but they are extremely scary.

It was a little past five o'clock in the afternoon of New York time, that is, just over three hours after the start of the war, and according to the work efficiency of the British government in the early hours of the morning, it was obvious that these countermeasures against them should have just been discussed.

And it should be extremely secretive, and it can even be said that the British Prime Minister, the Chancellor of the Exchequer, the Governor of the Bank of England, etc., are only a few days old.

The result is good, the British side has just finished the discussion, and Mr. Soros knows, how can this not make people shudder.

However, he knows that this is certainly not Mr. Soros's ability.

But whether it was their great motherland or the Jews who did it, he did not know, and he did not dare to think about it.

"From now on, I don't care how much foreign exchange reserves the British put into saving their exchange rate, you have to make the British exchange rate fall by 100 basis points per hour! Between now and London time, at 8 o'clock in the morning, I will see the exchange rate of the British pound being beaten to 2.7780!" Soros said with a wave of his arms, categorically.

He wanted to show the British, that little ridiculous force they had put into it was like a soaked tissue paper in front of him, though it could be pierced!

After hesitating for a moment, the fund manager patted his chest and said that he would promise to do it.

If Mr. Soros's intelligence is correct, he can swallow up the first batch of $3 billion in foreign exchange reserves in no more than 20 minutes.

Even if it is ten billion, it will not take more than an hour.

You know, the money for shorting the pound every hour is at least three or four billion dollars!

If the Bank of England can't stand it, a large number of retail investors who are on the sidelines will definitely rush to the pound and knock down the exchange rate of the pound, so this is not something that is difficult for strong people.

At this time, Sir Norman was in a car, and rushed to the Bank of England at a red light, and before the car could stop, he opened the door, jumped from it, and held a meeting.

Looking at the eyes full of anticipation in front of him, Sir Norman said in a deep voice: "Prime Minister Major has made a decision to save the pound exchange rate, and now it is time for us to save the glory of the British Empire, and the pound exchange rate cannot fall like this, nor should it fall like this." ”

"From now on, invest a billion pounds first, then 200 million pounds a minute, and in any case, the exchange rate of the pound must not fall like this again. Sir Norman clenched his fists and struggled with a bruise in his neck.

Hearing this, the eyes of everyone below suddenly lit up, and even a series of cheers suddenly sounded, such a strong investment in foreign exchange reserves, with the current rate of decline of the pound, can definitely be saved.

As soon as those retail investors see that the pound exchange rate is stable and rising, then they will naturally stop selling the pound and become firm bulls.

Only Sir Norman's secretary looked at Sir Norman with a look of desire and silence, and kept shouting the Virgin Mary in his heart.

If Prime Minister Major knew that Sir Norman had used them so casually, he would have to go crazy with these precious foreign exchange reserves.

He knew very well how much money Prime Minister Major had given to Sir Norman to use, which was only $10 billion, and that the first batch was only allowed to use $3 billion.

But according to Sir Norman's current meaning, let alone hold on until this morning, in less than an hour, the 10 billion dollars will be shorted.

As everyone threw themselves into the intense and orderly operation to save the pound, the secretary finally couldn't help but say: "If you say this, soon the foreign exchange reserves approved by Mr. Prime Minister will not be enough." ”

"Then let Mr. Prime Minister add if he really wants to save the pound rate." Norman said with a sneer.

He naturally knows that the order he is giving now is not in line with the intention of Mr. Prime Minister, but he guarantees with his more than 40 years of work experience in the Bank of England that only in this way, in a short period of time, a large amount of foreign exchange reserves will be smashed in, continue to raise the pound exchange rate, and keep hitting hard, can it really affect those retail investors, so as to save the pound.

If it's just a little bit, it can only be said to be a drop in the bucket, or even add fuel to the fire, and it has no effect.

He must let those retail investors know that Britain is determined to save the pound exchange rate!

Whether Prime Minister Major will remove him from his post as Governor of the Bank of England in the future is another matter.

If he can't keep the exchange rate of the pound sterling, as a gentleman, he will not be able to serve as the governor of the Bank of England again.

So, he chose to fight it.

With the Bank of England's first batch of funds to rescue the pound exchange rate into the foreign exchange market, the pound exchange rate chart, which had been falling continuously, suddenly became straight up, which seemed extremely abrupt, and directly rose by 40 basis points!

Even for a while, the entire foreign exchange market fell into stagnation, and almost all participants in the foreign exchange market stopped, staring at the strange trend chart in front of them, and couldn't make up their minds for a while.

After all, if the pound exchange rate rises, they are likely to be liquidated in an instant and lose all their money.

At this time, Zhu Changhong, who had been staring at the trend chart, naturally discovered this strange situation, he thought for a while, and then said: "Increase the capital investment by five times, that is, 50 million US dollars, and test whether you can beat the exchange rate of the pound sterling." ”

There is no doubt that this is the counterattack he has been waiting for for a long time, the British government, after all, it is an ordinary person, if he moves his toes, he also knows that the British government will definitely make a move, not to mention that he has been through two exchange rate wars and is praised by Fang Chen as the most powerful trader in China.

But the question is, how big of a counterattack did the British really have?

He didn't know about that.

If it is too big, he may have to choose whether to increase investment and completely suppress the pound exchange rate, or avoid the edge for the time being.

But who knew that as soon as he invested $50 million, the pound exchange rate fell in an instant, not only losing the 40 basis points that had just risen, but even falling by 10 basis points.

Zhu Changhong paused for a moment, blinked his eyes, looked at the trend chart in disbelief, and couldn't help muttering: "The power of 50 million dollars is not so great, right?"

According to his previous experience, if the pound exchange rate wants to rise by 40 basis points, it needs at least a fund with more than 800 million US dollars in longs, not to mention that it has fallen by more than 10 points.

As soon as the thought moved, Zhu Changhong said with great certainty: "Someone must have made a move!"

But then, there was a hint of suspicion on his face, "But it shouldn't be, at least it shouldn't be so heavy, right, could it be that someone knows the bottom line of the British?"

Now is not the time for the New York foreign exchange market to be open, and it is necessary to quickly bring down the pound exchange rate and attract retail investors.

Even he said a lot about this.

Because they are the second largest short after the Quantum Fund, they only put in 10 million pounds every 10 minutes, how much can other institutions invest?

And he thinks that the psychology of the heads of other institutions should be the same as him, invest a little bit more or less, and see the specific countermeasures of the other party before making plans.

And thinking about it now, indiscriminately, directly investing so much money to forcibly push down the pound exchange rate, he feels that he must know what the hole cards of the British on the opposite side are, so he dares to act so fearlessly and recklessly.

"We must keep the capital invested and ensure that the exchange rate of the pound pound falls! We must not allow the British to raise the exchange rate of the pound sterling!" Zhu Changhong said in a deep voice.

He doesn't care which one knows the hole cards of the British, but since someone takes the initiative to take the lead, he naturally has to play a good assist, and he must not let the pound have a chance to raise his head.

Seeing that the exchange rate of the pound sterling, which had just risen, had fallen without even holding on for a minute, Sir Norman instantly felt a cool air rushing up his spine.