According to reports, this story begins at an entirely unscientific moment: Zhou Ziye, a designer who rose from creating counterfeit mobile phones, suddenly time-traveled back to the year 1984.
...These two currencies are just representative; many other currencies also fluctuate accordingly.
Upon receiving the news, Xing Baohua immediately began to look for the cause from the news perspective, arguing that the technical analysis was nonsense.
As messages were gathered and sent to Xing Baohua, it was discovered that the Mark's rise was due to a meeting between the leaders of East and West Germany.
It was supposed to be a private meeting, but I don't know why it was reported in the media.
This confirms the previous legend that East and West Germany were going to reunify.
Whether it's speculation or something truly happening, the financial markets are sensitive and will prove its authenticity through their actions.
Did those established European countries catch the mark up without any warning or preparation? We absolutely cannot let these established countries suffer losses because of some vague rumors.
Big Brother has made his move, and the European Alliance has also joined in, collectively targeting Mark.
They just forcefully suppressed it like that.
They all thought these were accidents, but only Xing Baohua, after his initial surprise, realized they were real. He didn't have much time left; he had thought he had three to five months to plan.
Who knew that a butterfly's wings could change its trajectory with just two flaps!
Taking advantage of the rebound in the pound sterling, Xing Baohua decisively began exchanging cash through major banks, buying marks and shorting the pound sterling.
Buy francs to short the pound. Buy any currency that crosses with the pound, with one goal: to short the pound.
Inform those banks to adjust their leverage to 100 times. Use 2 billion of the 10 billion to short the pound, and use the remaining 8 billion as margin.
After Xing Baohua placed the order, the Great Eagle Pound rose by 400 points that same day.
Currency points are decimaled to four places. For example, if the Eagle Pound is 1.7800 to the US Dollar, and it rises by 400 points, it will become 1.8200.
That means the price increased by four cents in one day. But don't underestimate four cents. The larger the number, the greater the profit or loss. Moreover, the Eagle Pound is the most actively traded currency in the world.
Xing Baohua placed the order without setting a stop-loss, and lost 800 million US dollars that day.
Those old nobles were all delighted, unable to understand why they would favor Mark under such circumstances; the Great Eagle Empire would absolutely not allow their interests to be threatened.
Pressure was exerted on West Germany from multiple angles and through multiple channels, causing the pound sterling to continue to rise.
This is aiming for a 1:2 exchange rate between the Eagle Pound and the US Dollar!
The Americans, who were the first to object, were unhappy. "It's gone up to $2 to buy 1 pound! How can we survive? Even if they are the world's printing press, we can't let the pound do whatever it wants to buy oil and other strategic products. How much money will that cost?"
Therefore, the Great American Kingdom began to adjust its economic strategy, on the one hand, by talking to the Great Eagle and asking them to slow down their pace.
This world-class competition wasn't about Xing Baohua's 10 billion yuan; it was all driven by natural forces.
These are all transactions in the tens of millions. Xing Baohua's 10 billion is not enough to be considered. It only has some weight in the eyes of some people, and it can only make a splash in national-level transactions.
This situation was beyond what Xing Baohua could bear on his own. Whenever the pound rose to a dangerous level, he would start buying more shares.
This is the only way we can passively add to our positions.
The money he held onto would only last until around 2.13 before he was liquidated. Over 10 billion yuan was lost here.