Chapter 59: Double Your Worth (Favorites, Recommendations~)
What news is most concerned about in the international foreign exchange market today?
The G10 summit is being held in Rome!
In August this year, North American President Nixon announced the suspension of the exchange of US dollars and gold, and imposed a 10% additional tax on all commodities entering North America, in order to alleviate North America's deficit and high foreign debt problems.
The international foreign exchange market has become the current turbulent situation. No one knows what North America is planning, but one thing is certain. From the perspective of international speculators, such a decision has successfully contained the North American international trade deficit. and the problem of high foreign debt.
This also made those international financial speculators who were going to short the dollar before that lose all their losses.
But the matter is not over yet, everyone is waiting, waiting for North America to announce the liberalization of the dollar-gold exchange.
This involves the Bretton Woods system, which is regarded as a treasure by countless financial experts. The vast majority of financial experts in the world admire this financial system, and believe that the current situation is only a temporary predicament, and North America cannot because of This matter, and give up the hegemony of the dollar in international finance.
Therefore, whether it is an individual or a country, they all believe that North America will eventually open up the exchange of US dollars and gold.
But when exactly, no one knows.
But everyone thinks that this G10 summit is a very good opportunity.
Therefore, whether it is the head of state, financial speculators, or investors, they are all paying attention to this conference.
Hearing Linda's evaluation of Chu Huan, Kelly couldn't agree with it now.
After the conversation last night, Kelly knew that Chu Huan was a very observant person. Could such a person really fail to see through the current international situation?
How could you go all-in on Mark?
Oh, I wanted to talk to Mr. Chu Huan yesterday to remind him, but I didn't think that Mr. Chu Huan had something else to do! Linda said with some disappointment: By the way, Kelly, today If you see Mr. Chu Huan, remember to remind him that even if he wants to buy Mark, he should buy less.
Kelly said: But this deal was completed yesterday afternoon!
Linda sighed, and then said relaxedly: Forget it, let's do this first!
Just when Kelly wanted to chime in, she found that the noisy environment in the office suddenly became quiet. Even Linda, who had just been preaching to her, turned her eyes in another direction.
There was a big TV hanging there, and it was broadcasting ordinary financial news just now, and not many people paid attention to it, but just now, an urgent content was suddenly inserted on the TV screen.
Just now, the representatives of North America and the Federal Republic of Germany who participated in the G10 summit announced at the same time that the mark appreciated by 12% against the US dollar
Linda's eyes were wide open, and she mechanically turned her head to look at Kelly.
He confirmed to Kelly with a trembling voice, How many marks did Chu Huan buy?
Kelly was also extremely shocked, and after a while, she replied: With ten times the leverage of $250,000, buy all of Mark!
Linda blurted out: In other words, in one night, Chu Huan has already earned 300,000 US dollars!
Kelly said in a daze, It seems to be like this!
Both of them work for American Express. Whether it is $250,000 or $300,000, it is actually a small sum in their eyes.
The amount of American Express's daily transactions far exceeds this amount.
What really shocked them was that Chu Huan's attack was so steady and ruthless.
In the normal foreign exchange market, it is enough to take out 20% of the existing margin, but Chu Huan is very amateur with all the funds, ten times the leverage.
And it was still in this turbulent time, which was why Linda had never been optimistic about Chu Huan.
But the result now is that Chu Huan bought it yesterday. At the G10 summit today, North America and the Federal Republic of Germany jointly announced the appreciation of the Mark against the US dollar.
How could this not surprise them.
Do you think Chu Huan has received some rumors? Linda still couldn't believe the fact in front of her.
Kelly shook her head and said, Impossible, let alone Chu Huan, even those at the top may not know about this kind of thing?
Then why is Chu Huan so successful? Linda asked back.
Kelly thought for a moment and said, Maybe it's luck!
A very unprofessional evaluation, but Linda agrees.
Because they can't think of any possibility except good luck.
This luck is outrageous! Linda laughed at herself.
The same is true for Kelly, earning $300,000 in one night, which can pay off all her student loans and buy herself a very nice apartment in Manhattan, where land is very expensive.
Even so, there is still room to spare.
Thinking of this, Kelly felt a little bit of envy in her heart, envious of Chu Huan's good luck.
If Chu Huan makes any big moves in the future, you must persuade him well! Linda said to Kelly again.
Kelly looked at Linda puzzled.
Stupid, a novice like Chu Huan encountered such a big harvest when he first entered the foreign exchange market. He must be in a high mood, and even think that the foreign exchange market is nothing more than that, but the more it is like this, the easier it is to make mistakes. Linda explained.
While Kelly lamented Chu Huan's ability, Linda thought of him so much after talking for more than ten minutes, and at the same time felt that what Linda said was reasonable.
At this moment, the phone on Kelly's desk rang.
After Kelly knew that the other party was Chu Huan, she immediately said excitedly: It was just announced at the G10 summit.
Chu Huan on the other end of the phone said in a calm tone: I already know, the funds in my hand are leveraged ten times, enter the futures market, and buy all gold!
At this time, the principal in Chu Huan's hands has reached 550,000 US dollars, of course, it is the mark of the same value as 550,000 US dollars, and the ten-fold leverage is 5.5 million US dollars.
After Chu Huan finished speaking, she didn't get Kelly's response immediately.
At this time, Kelly was also looking at Linda in shock, because Linda's prediction of Chu Huan was correct. After Chu Huan fired the first shot in the foreign exchange market, he actually wanted to switch to the futures market and buy gold?
In two completely different markets, can Chu Huan continue to maintain his good luck?
Is there a problem?
Chu Huan didn't get an answer from Kelly, so he could only continue to ask with a heavier tone.
Ah Huan, whether it's the futures market or the foreign exchange market, the current situation is unclear. Would it be too bold to make a one-time investment?
According to Linda's instructions, Kelly suggested to Chu Huan.
Where does Chu Huan have time to listen to Kelly's ink here, but because these things need Kelly's hands, Chu Huan can only suppress his anxiety, and said: I know all these, but don't worry, I don't worry about it. If you have a few, you can deal with it as I tell you!
Kelly looked up at Linda, who nodded helplessly.
Understood, now help you operate!
That's all Kelly could say.
After Chu Huan hung up the phone, Linda sighed and said, Forget it, what's not yours is not yours after all. It's not all a bad thing for Chu Huan to suffer at this time.