City: No one knows finance better than me
18 The four major banks joined forces to short the market!

Shenhao Fi

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It even dropped by one point!

Only now did Charlie realize that something was wrong.

The situation that was originally under control seemed to have an unknown change. This made the heads of the top European banks, including Charlie, feel a hint of danger.

It had to be said that as the ultimate old fox who had been in the financial industry for many years, Charlie and the others had an extraordinary intuition for the movements of the market.

Something was wrong!

Charlie finally noticed the changes in the market. Although these 100,000 lots were not worth mentioning compared to the foreign exchange market that was worth hundreds of billions, it should not be without any ripples.

Oh, there was a splash!

However, it was not an upward splash, but a downward splash.

Moreover, this 100,000 lots was just a lead. The real big part was the market's pursuit of the bulls.

However, under this kind of power, the entire market actually did not advance but retreated. How much power was secretly short the Eurodollar/USD?

Who is sniping the Euros?

Just as Charlie was puzzled, the entire situation of the Euros/Dollars had undergone an earth-shattering change.

It plummeted!

The 100,000 lots was indeed a catalyst, but it was not the catalyst for the rise of the Eurodollar/USD. On the contrary, it was a catalyst for the fall.

The speed of this plunge was even more exaggerated than the speed of the rise. At this moment, the entire market began to have short-selling orders. In just half an hour, the Euro-USD ratio had fallen 40 points from the highest position of 1.2698 to 1.2658. Moreover, the momentum did not slow down and it looked like it would fall below the entire support level of 1.2650.

Within 30 minutes, four of the world's top ten banks, including Citicorp, began a frenzied attack on the dollar.

The four largest banks in the country, namely, JPM Morgan Chase, US Bank, US Bank of Wales, and Citicorp, all began to attack the bull market at the same time.

One million hands!

A whole million empty lots appeared in the market in an instant, almost completely crushing the remaining bulls.

Among the one million short orders, in addition to the 150,000 - 200,000 orders contributed by each of the four banks, some well-informed small investors, some gamblers who wanted to gamble, followed the four banks and joined the chase.

After the one million empty bids were thrown down, the originally towering sun was suddenly surrounded by shadows and turned into a short sun with a long antenna.

As the market changed, Chu Ge's account also began to change. At this moment, each of the 124 short orders had a surplus of 400 dollars.

The 124 empty orders brought Chu Ge a total of 49600 USD, which was close to a floating profit of 50,000 USD.

However, this was only temporary. Chu Ge knew what was going to happen next, so he could sleep so peacefully.

Falling!

And it was a sharp drop!

What was shown in the market now was just the tip of the iceberg. It was destined that Chu Ge would be able to make money even if he was lying down today.

Another hour passed, and everything went according to the script. The four major banks of the Lighthouse Country began to frantically short the Euros/USD.

However, after a brief moment of surprise, many European banks, including Charlie, reacted and began to guard against it. They could not let the market that they had established with difficulty change back.

Although no European bank could be ranked in the top ten in the world individually, the four largest banks in the Lighthouse country were all short-selling except for Citicorp. There was even JPM Morgan Chase, which ranked higher than Citicorp.

However, even though they couldn't fight one-on-one, they could still fight in groups. After all, they had a large number of them!

Moreover, other than the banks in Europe, there were already many funds that had already entered the game. On the other hand, other than the four major banks and a very small number of people in the Lighthouse Country, there were almost no funds that dared to get involved in this mess.

However, even though there were a lot of European banks, the four major banks were still at the peak of capital in the world. Even under such circumstances, there was still a gap in the amount of funds between the two sides, but it was not very big.

With the strength of both sides being similar, the bulls and bears once again reached a balance, and the Eurodollar/USD began to fluctuate at an extremely slow rate.

Although the speed was very slow, after an hour, the Eurodollar/USD ratio still fell by another 13 points, from 1.2658 an hour ago to 1.2645.

There was only a gap of 80 points from the opening price of 1.2560. Although it was still a lot, it gave the bears a sense of confidence.

The four major banks: Follow my rhythm, charge!

This book comes from:m.funovel.com。

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