The foreign exchange market is the largest market in the financial trading market. Its main players include central banks of various countries, in addition to capital, retail investors, and hot money.

This is a vast capital market, and it is also a market that can accommodate huge amounts of capital and obtain huge profits.

Using the foreign exchange market as the final hunting battlefield and as the last stop for capital withdrawal, Su Yue felt that it was the most appropriate.

"Old Li said something, something makes sense." Su Yue came back from his thoughts and smiled, "I can punch one punch so that a hundred punches will not come. This is true. In fact, this fulcrum is not difficult to find. We can use the foreign exchange market, use the pound, do something, and lure a wave of bulls."

"Foreign exchange market?" Li Honggang frowned, "Xiao Su, this is not easy to control!"

The British pound is one of the eight mainstream currencies traded in the foreign exchange market. The daily trading volume is thousands and trillions of dollars, second only to the US dollar, the euro and the Japanese yen.

It may be extremely difficult to make a fuss about this.

Even the Bank of England itself has difficulty controlling the fluctuations of the pound. What's more, the pound is known as the "demon pound" in the foreign exchange market. Its trend is the most abnormal and difficult to understand currency among the currencies traded in the foreign exchange market.

For an exchange market trader.

The most difficult investment products to control are the currency pairs between the pound and the US dollar, and spot gold.

Su Yue led Chinese capital and entered London on a large scale to launch plans to short the London financial trading market. The reason why they did not touch pound and gold was because although these two were extremely liquid, there were too many factors that influenced prices, which were difficult to grasp.

Now, I heard Su Yue turn his gaze back to the foreign exchange market again.

Not only Li Honggang frowned, Nie Yuanzheng couldn't help but say: "Xiao Su, there are many market factors in the exchange rate changes. Moreover... the exchange rate is the foundation of a country's finance, and the central bank plays an extremely important role in it. It can be said that a country's central bank is its currency and the biggest main force in controlling the market."

"At this time, the Bank of England should hope that the exchange rate of the pound can remain stable and even appreciate slightly."

"This will allow overseas capital to flow into the UK and alleviate the impact of the 'sub-prime mortgage storm'."

"And recently, due to our participation with Wall Street Capital, the London financial trading market, its stock market, bond market and futures market trading volume has increased significantly, and the pound has expected liquidity to tighten."

"The pound has indeed increased a lot during this period than when we first entered London."

"At this critical moment, if we choose to short the pound, our opponents will be endless, and our biggest opponent will be the Bank of England."

"After the Bank of England experienced the incident where Soros unexpectedly defeated the pound."

"Now that it is holding nearly one trillion US dollars in reserves, it is probably not wise to short the pound against the backdrop of trillion US dollars."

Su Yue smiled and said, "The currency exchange rate is indeed dominated by the central bank, but the rise and fall of the market is not decided by the central bank."

"besides……"

"Mr. Nie, considering the appreciation of the pound and the inflow of foreign capital will alleviate the impact of the 'sub-prime mortgage crisis'."

"However, we must first look at whether the real estate economy collapses, industrial recession, economy begins to stagnate, or even regress, can we withstand the further sluggishness of industrial production and exports under the appreciation of currency."

"Also, the tightening of the liquidity of the pound will completely collapse the debt chains that are currently seriously overdue. Similarly, residents' income will be further reduced, industrial output value will be further reduced, and unemployment will be further increased."

"From the appearance, the appreciation of the local currency and the inflow of foreign capital will boost the economy and prosper the market."

"However, this is a slow long-term effect. At this moment, Britain, Europe, and even the world need a shot of a cardiotropic agent. In the face of many crises, I can't wait too much time to slowly change."

"As long as the subsequent 'sub-loan' and 'mortgage' overdue situations become more and more serious, as long as the Bank of England sees the surge in unemployment rate, sees the rapid increase in the bankruptcy rate of factories and enterprises, and sees the double sluggishness of industrial output value and exports... They not only dare not let the pound continue to appreciate, but will do their best to release liquidity and let the pound enter a depreciation channel."

“This is what you expect…”

"As long as the 'sub-prime crisis' deepens, then... the Bank of England, the Bank of England, the bank in the World Bank, this huge capital beast will not only not be our opponent, but will instead become our most powerful helper."

"Whether the 'sub-prime mortgage crisis' can continue to deepen...I think this should be a very obvious thing."

In Su Yue's logic, there is the biggest premise, that is, the "subprime mortgage crisis" will become more and more profound, and the emergence of the economic crisis will become more and more prominent.

It only took a few days for Beiyan Bank to collapse.

The ‘Subprime mortgage’ came to the front desk. Although it had been noticed by everyone, most people did not see what it looked like and did not know how much trauma it would cause to the economy.

However, Su Yue had experienced it, and he knew clearly how violent this world financial crisis storm that originated from the "subprime mortgage" and that it would have been from the British North Rock Bank.

The truth of the facts will not be transferred because of expectations and ideas.

It is true that at this time, the Bank of England hopes that the pound can maintain a stable exchange rate and slowly appreciate, attract foreign capital to flow into the UK and into London, boost the economy and prosper the market.

Unfortunately, when the ‘subprime mortgage crisis’ deepened, the poor economic data were further reflected.

This kind of hope can only become a luxury and fantasy.

The exchange rate and interest rate of the currency serve the economy. Although the central bank can dominate the exchange rate and control the interest rate, it also has to follow economic laws and real economic fundamentals and cannot act rashly.

As long as you understand this.

You can grasp the direction of economic fundamentals and make the central bank's many monetary means use for your own use, becoming the sharpest blade for hunting opponents.

Su Yue had this confidence and used the Bank of England to set a trap for the bulls.

Let the funds they invest in the market become their own profits, and he can foresee that this hunt in the foreign exchange market will be even greater than that in LME copper.

"Xiao Su, how confident do you have?" Nie Yuanzheng was silent for a long time and asked.

Su Yue replied with a smile: "Ten! Because in this storm, the Bank of England has no choice. When the devastating economic crisis is prominent, he must release liquidity to solve this problem, otherwise he can only wait for the entire UK to collapse."

"Okay!" Nie Yuanzheng nodded slightly, "Since you are so confident, I can't say anything else."

Su Yue was stunned and heard Nie Yuanzheng continue to say, "You let go, Lao Li, Lao Liu and Xiao Hu, I will try my best to cooperate with you."

Su Yue said 10, that means he is confident enough.

Although his opinion was different from Su Yue, when he was about to make a decision, he still believed in Su Yue more.

Also, as Li Honggang said, since they have completely taken the full initiative now, no matter how aggressive they are, there is no big risk.

Even if the foreign exchange market fails, the worst thing is to return all the profits earned in the stock market, bond market, and futures market.

But if it succeeds...

That would be a new situation where you would ‘get one punch so that you wouldn’t be able to come’.

"Don't worry, Mr. Nie." Su Yue nodded slightly and smiled, "In the battlefield of the foreign exchange market, the main bulls will not have any chance."

"All they think of ascending the tables will be the abyss that bury them."
Chapter completed!