Chapter 459： Layout foreign exchange market

Galaxy Fund Company meeting room.

Eight people including Liu Xiao, Xue He, Song Yang waited quietly, watching the boss Xia Yu looking at the reports and plans they provided.

After the last time the boss raised the point, the four groups tried their best to collect relevant information and then conduct internal analysis. There are some things that can't be figured out, and each group will sit and discuss it together.

Just to make my plan more perfect.

Time passed unconsciously, Xia Yu put down the last report, showing a satisfied look, and his eyes looked at everyone with satisfaction.

"I have read all of your reports, and I have done a solid job. I have indeed worked hard and have a clear idea. I have not been disappointed!"

Xia Yu exclaimed.

Smiles appeared on everyone's faces.

Xia Yu weighed several reports in his hands, revealing an interesting look, and said: "The reports you have made believe that the yen exchange rate has a greater opportunity, and international crude oil and gold are behind for good reasons."

Speaking of this, Xia Yu paused and scanned around and found that everyone was looking at him intently, for fear of missing every word of him.

"From 1973 to the present, the yen has been appreciating. The previous three years have been fine, but since 1976, the yen exchange rate has fluctuated greatly. It has risen from 293 yen to 1 U.S. dollar to the current 241 days. Yuan to 1 U.S. dollar."

"The reason is obvious, everything is caused by the depreciation of the dollar."

"Since 1976, after the Interim Committee of the International Monetary Fund signed the Jamaica Agreement at the Jamaica meeting, it decided to use special withdrawal rights as the main international reserve asset to demonetize gold and recognize the legality of floating exchange rates. Within two years, the U.S. dollar Depreciation by more than 10%!"

"Now, although the yen has been forced to appreciate by nearly 20%, in my opinion, the impact of the depreciation of the U.S. dollar has not subsided. You also think so in your report. It seems that our thinking is in the same general direction."

"But in your report, you all estimate that there is still room for the yen to appreciate. The most conservative is to 220 yen to 1 U.S. dollar. The most daring is Liu Xiao, who thinks it can appreciate to 205 yen to 1 U.S. dollar. ."

Xia Yu paused, with a meaningful smile on his face, and gave Liu Xiao an admiring look.

This made the hearts of several other people with relatively conservative estimates, knowing that they had not kept up with the boss's ideas, and Liu Xiao was ahead of them.

"My judgment is that the yen will appreciate to the level of 195 yen to 1 U.S. dollar!"

When Xia Yu said his judgment, everyone was shocked, and subconsciously sat up straight, contemplating why the boss would analyze this way.

Xia Yu has this judgment. First, he has the memory of his previous life. After all, many financial tycoons have come from this era. Of course, he is deeply impressed by this major opportunity.

The second point is that Xia Yu judged it from the existing information. With his ability, he can judge the same without needing to remember.

According to repeated deductions based on known news, Xia Yu is very sure that the yen will appreciate to about 200 yen to 1 U.S. dollar, and if it goes up, he is not so sure.

But with the memory of his previous life, he certainly knew that the yen would eventually appreciate to 195, and then began a relatively long course of devaluation.

With Xia Yu's ability, it can be deduced with confidence that the yen can rise to 200 points.

However, Liu Xiao can also analyze with reason and believe that the yen can rise to 205 points. Other people's judgments are 220 points, 214 points and 210 points respectively.

This shows that Liu Xiao's thinking ability and talent are indeed better than others.

I was even more impressed with Liu Xiao, and Xia Yu didn't say anything, but he planned to increase his training.

But other people are not too bad, although they are not as good as Liu Xiao, they are definitely elites outside.

"You continue to analyze the international crude oil futures and the international gold market, but before that, you can enter the foreign exchange market to operate the yen. There may be slight fluctuations in the short-term halfway, but in the long-term, the appreciation is certain."

"No matter how you operate, I only have one requirement, that is, before December 10, you must complete the delivery and exit the market. If you are close to the 195 line before then, then decisively leave. If you don’t reach it, then don’t Hesitate and do what I said."

"As for why you did this, think about it yourself. There are two months left for you to observe and think. At that time, I will read your report again."

"Remember, don't catch one bank for the four funds of yours. Try to choose one each and choose from a comprehensive consideration."

"Okay, I'll just say this, do you have any questions?"

Xia Yu let out a long breath, glanced at everyone, and asked.

"No more!"

Everyone immediately shook their heads, and Xue He directly said no. After all, the boss Xia Yu has set the bottom line and general direction. What else do they have to ask.

If you have to ask the boss clearly about everything, doesn't it appear that they are rubbish?

"Well, that's all for today's meeting. The meeting is over!"

After Xia Yu finished speaking, everyone bowed respectfully to Xia Yu and then left the scene slowly.

After everyone left, Xia Yu sat in his place and thought quietly for a while, showing an expectant smile.

The island country’s current exchange rate is 241 yen to 1 U.S. dollar. Although Xia Yu only remembers the key figures and can’t remember the exact time, if the estimation is not wrong, on December 10, the exchange rate of 205 yen to 1 U.S. dollar is No problem.

Funds 1 to 4 add up to 570 million Hong Kong dollars.

In recent years, the exchange rate of the Hong Kong dollar has been very stable. According to the current exchange rate of the Hong Kong dollar to the US dollar, it is 4.6 Hong Kong dollars to 1 US dollar, and 570 million Hong Kong dollars can be converted into 124 million US dollars.

Then convert the U.S. dollar to Japanese yen, which is nearly 30 billion yen.

But if by December 10, if the yen appreciates to 205 yen, it will be exchanged for 1 U.S. dollar, 30 billion yen can be converted into 146 million U.S. dollars.

Converting into Hong Kong dollars is 670 million Hong Kong dollars, and it is no problem to earn 100 million Hong Kong dollars!

But for this opportunity, Xia Yu already has full confidence, how could he be willing to let it go!

With such a high chance of success and zero leverage, it is definitely a fool!

Of course you have to go with high leverage!

Considering the issue of the yen's market capacity, and taking into account the factors that affect volatility, of course, leverage can be used as much as possible.

Of course, the premise is that the selected island country banks are strong and dare to give ultra-high leverage!

Back at the headquarters of Jiuding Building , I received a call from Huang Xizhao, and Xia Yu asked him to come as soon as possible.

Not long after, Huang Xizhao came to Xia Yu's face with confidence, and handed a document to Xia Yu expectantly.

"Boss, please take a look. This is the development of Universal Television in the past half month, and the rest is the preparation of the "Millionaire" program."

"Sit down first, Cici, and pour him a cup of tea."

"Oh, no need, I can do it myself!"

Seeing Li Qian coming over to pour tea for him, Huang Xizhao, who had just sat down, jumped up like a burning buttocks, and said that he went to pour tea by herself.

Just kidding, although he has just joined Xia Yu's team not long ago, his eyesight is not bad. He has already seen that Li Qian is definitely not as simple as the boss's personal secretary. How dare he let Li Qian pour him tea.

Li Qian had no choice but to go back and sit next to him. Xia Yu shook his head slightly without speaking, and continued to browse.