Archived Financial Talent

Chapter 632
As time slowly came to 2010, the exchange rate of the yen against the dollar continued to rise.

When country R's real estate bubble burst, the country's economy has been in a sluggish state, and the exchange rate of the yen against the dollar has always been at a very low price.

But what everyone didn't expect was that the exchange rate of the yen against the dollar began to appreciate continuously after only a few years of economic downturn.

What is even more unexpected is that this wave of appreciation of the yen has lasted for more than a year.

When the exchange rate of the yen against the US dollar rose from 120 to 70, the international financial predators began to mobilize funds into country R as if the sharks smelled blood.

The continuous appreciation of the yen has led to the continuous decline of the domestic commodity export advantage, so the official side began to take action and continuously implement a loose monetary policy, intending to use this as a means to curb the continuous appreciation of the yen.

But what the officials did not expect was that their so-called loose monetary policy was useless at all, and the yen continued to appreciate. By 2012, the exchange rate of the yen against the US dollar had become 60.

In other words, the yen has appreciated by [-]% in just two years.

In the past, one dollar could be exchanged for 120 yen, but now one dollar can only be exchanged for 60 yen.

The appreciation of the yen caused country R's products to completely lose their competitive advantage in international trade, domestic enterprises were affected one after another, and the economy began to stagnate.

In the past two years, the government has repeatedly used means to lower the exchange rate, but the results are not very satisfactory.

At the same time, local officials continue to issue national bonds. After such a long period of accumulation, the country's fiscal revenue is now very dependent on bond issuance.

"Zou Ming, you took action to close out all our positions, and then started to operate in the opposite direction, shorting the yen."

When Lin Feng noticed that the exchange rate of the yen was fluctuating more and more, he quickly called Zou Ming in country R and asked him to quickly close his positions.

When Zou Ming received a call from Lin Feng to close his position, he wanted to cry.

When he accepted this mission and took Alice to Country R, ​​he just thought it was an ordinary mission and it could be completed in a few months.

But what Zou Ming never expected was that their mission lasted for more than two years.

If it wasn't for Alice by his side, Zou Ming would feel like he was going crazy.

Originally, when Zou Ming heard that Lin Feng said that he was going to close all the positions in his hand, he was very happy. He thought that the mission this time would be over soon, and he could return to China by then.

But before he was happy for a few seconds, what Lin Feng said later made his emotions fall into a deep valley.

Lin Feng actually shorted the yen after closing his position.

Is the boss planning to eat both sides this time?

Eat the dividends of the appreciation of the yen first, and then eat the dividends of the depreciation of the yen?
If so, when will he be able to return home?

Although Zou Ming was very depressed, he didn't dare to stop with Lin Feng's decision, so he had to follow Lin Feng's instructions, first liquidate his positions, and then start shorting the yen.

Two years ago, Lin Feng mobilized a total of nearly 700 billion US dollars into the country R currency battlefield.

With the passage of two years, the appreciation of the yen has also brought huge wealth and income to Lin Feng.

What started as $700 billion has now turned into $500 billion.

But not all funds are invested in the foreign exchange market, and some are in the stock market.

But it takes more than a day or two to close all foreign exchange positions.

However, judging from the current yen trading volume in the international foreign exchange market, if the speed is accelerated, all foreign exchange positions in hand can be liquidated within a month at the earliest.

As Lin Feng began to liquidate positions, another international financial giant began to build positions in the market, but what he built was to short the Japanese yen.

This person is Ross, the sniper of international terror.

Ross has a great reputation. When he was in the last world, he successfully sniped the currencies of several countries, and then became famous in the first battle, becoming a world-renowned financial predator.

Ross has been paying attention to the continuous appreciation of the yen in the past two years, and he also pays attention to the official policy methods.

Although two years later, the official loose monetary policy a dozen times did not bring the slightest effect, but after a rigorous analysis, Ross felt that although these policies did not bring the desired effect, their effectiveness is still in the It keeps accumulating, and when it reaches a critical point, it will explode.

After some analysis by Ross, and the fact that the new official team is starting to be formed, Ross feels that the yen will depreciate in the next few years.

So, when many people were seeing the appreciation of the yen and rushed in to do long yen, Ross actually started to secretly open positions in the market to short the yen.

But Lin Feng is doing the same thing as Ross.

When Zou Ming received Lin Feng's call, he began to close his long yen positions continuously.

It took a lot of time to open a position, because the trading volume of the yen was small at that time, if a huge amount of money was invested to open a position at once, it is likely to cause a large fluctuation in the exchange rate of the yen.

But the situation is different now. Many financial giants around the world are now attracted to the yen market, and the daily trading volume can be described as sky-high.

So with such a high trading volume, it only took Zou Ming one and a half months to close out all the positions in his hands, and at the same time, he also used a large part of the funds to open positions and short the yen according to Lin Feng's instructions.

As time came to the end of 2012, a new official team of country R came to power and continued to implement a strong loose monetary policy.

Many people think that the loose monetary policy this time is still the same as before and has no effect at all, so not many people pay attention to it.

But what everyone didn't expect was that this time the official loose monetary policy was actually useful.

With the implementation of the loose monetary policy, at the beginning of 2013, the yen, which had been appreciating, finally began to depreciate, and the depreciation fell very quickly.

Some investors with heavy positions and long yen have liquidated their positions one after another.

Many people don't know that during the two years of the appreciation of the yen, the domestic economy of country R has become very fragile. Later, in the summer of 2012, the country encountered a major earthquake, which led to a sharp increase in imported crude oil, and further Increased pressure on the yen to depreciate.

Until the end of the year, the implementation of a new round of loose monetary policy completely ignited the depreciation of the yen.

At this time, on the other side of the ocean, on Wall Street in country M, inside a skyscraper, a middle-aged man was standing in front of a gray-haired old man and reporting his work.

"Boss, at present, the scale of our warehouse building has reached [-] million US dollars, shall we continue to build warehouses in the future?"

At this time, the old man who was sitting in the boss chair listening to the middle-aged man's work report was none other than Ross, who was well-known on Wall Street.

Although Rose is very old, his eyes are very energetic. When he looks at the middle-aged man, the other party will not dare to look at him.

"Continue to build positions, now is the beginning of the good show, why not increase investment."

After listening to the middle-aged man's report, Rose raised the corners of his mouth and showed a smug smile.

For Ross, this round of yen depreciation is like a very fat piece of fat. How could he just take a bite and leave?
He hadn't shot for a long time, and it was rare to meet such a good prey this time. If he didn't take a bite, he would feel a little sorry for the prey bestowed on him by heaven.

"But boss, when our people were building positions, they discovered that there was another force building positions to short the yen just like us."

When Rose heard the middle-aged man say that there are still people in the market who have made a position with him in the same direction, a cold light flashed in his eyes.

(End of this chapter)