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Chapter 632: The Yen Soars

As time slowly approached 2010, the exchange rate of the yen against the US dollar continued to rise.

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

But what no one expected was that the exchange rate of the yen against the US dollar had only been in a few years of economic downturn.

What is even more unexpected is that the yen's appreciation lasted for more than a year.

When the exchange rate of the yen against the US dollar rose from 120 to 70, the financial giants in the international community began to mobilize funds into R Country like sharks smelling blood.

The continuous appreciation of the yen has led to a continuous decline in domestic commodity export advantages, so the official side has begun to take action and continue to 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 had no use 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 100% in just two years.

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

The appreciation of the yen has caused R country R to completely lose its competitive advantage in international trade, domestic companies have been affected, and the economy has also begun to stagnate.

In the past two years, the official has repeatedly used methods to lower the exchange rate, but the results are not very ideal.

At the same time, local officials have also continuously issued government bonds. After so long accumulation, the country's fiscal revenue is now very dependent on issuing bonds.

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

When Lin Feng noticed that the exchange rate of the yen was fluctuating more and more severely, he quickly called Zou Ming, who was in Country R, ​​and asked him to quickly start to close the position in his hand.

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

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

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

If Alice hadn't been with her side, Zou Ming would have felt like he was going crazy.

Originally, when Zou Ming heard Lin Feng say he wanted to close all the positions in his hand, he was very happy. He thought that this mission was about to end and he could return to China.

But before he could be happy for a few seconds, Lin Feng's words immediately made his emotions fall into the deep valley.

Lin Feng actually shorted the yen after closing the position.

Is the boss planning to eat both sides this time?

First, eat the dividends of the appreciation of the yen, and then eat the dividends of the depreciation of the yen?

If so, when will he be able to return to China?

Although Zou Ming was very depressed, he did not dare to stop Lin Feng's decision, so he had to follow Lin Feng's instructions to close the position in his hand first, and then start shorting the yen.

Two years ago, Lin Feng mobilized a total of nearly 70 billion US dollars of funds into the currency battlefield of R Country.

As two years passed, the appreciation of the yen also brought huge wealth income to Lin Feng.

The original 70 billion US dollars has now become 150 billion US dollars.

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

However, it takes less than one or two days to close all foreign exchange positions.

However, judging from the current yen trading volume in the international foreign exchange market, if the speed is faster, all foreign exchange positions in your hand can be closed in as soon as one month.

As Lin Feng began to close his positions, another international financial giant began to continue to build positions in the market, but he was shorting the yen.

This person is the international terrifying sniper Rose.

Ross is a very famous person. When he went to the world, he successfully sniped the currencies of several countries, and then became famous in one battle, becoming a world-renowned financial tycoon.

The yen has been constantly appreciating in the past two years, and Ross has also been paying attention to it, and he also sees the official policy methods.

Although the official loose monetary policies have not brought any effect after two years, after a rigorous analysis, Ross felt that although these policies did not bring the desired effect, their effects were still accumulating continuously, and when they reached a critical point, they would explode.

After some analysis, Ross has added that the new official team is now starting to be formed, so Ross feels that the yen will depreciate in the next few years.

So, when many people were seeing the yen constantly appreciate and rushing into long yen, Ross actually began to secretly build positions in the market and short yen.

But Lin Feng is also doing the same thing as Ross.

When Zou Ming received a call from Lin Feng, he began to constantly close his position of long yen.

It took a lot of time to build a position because the trading volume of the yen at that time was small. If a huge amount of funds were invested to build a position at once, it would be very likely to cause a large fluctuation in the yen exchange rate.

But the situation is different now. Nowadays, many financial giants around the world are attracted to the yen market, and the daily trading volume can be described as a huge amount.

So at such a high trading volume, Zou Ming only spent one and a half months to close all the positions in his hand, and at the same time, he also built a large portion of the funds according to Lin Feng's instructions to short the yen.

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

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

But what no one expected was that this time the official loose monetary policy was actually useful.

With the implementation of 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 who have heavy positions in long yen have exploded.

Many people don’t know that during the two years of the appreciation of the yen, the domestic economy of R has become very fragile. Later, in the summer of 2012, a major earthquake occurred in the country, which led to a surge in imported crude oil, which further increased the pressure on the depreciation of the yen.

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, in a skyscraper on Wall Street, M Country, on the other side of the ocean, a middle-aged man was standing in front of a white-haired old man reporting on his work.

"Boss, our current position building scale has reached 500 million US dollars. Will we continue to build positions in the future?"

At this time, the old man sitting in the boss' chair listening to the middle-aged man reporting on his work was Rose, the famous Wall Street.

Although Ross is already very old, his eyes are very vivid. When he looks at the middle-aged man, he will make the other party dare not look at him.

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

After listening to the middle-aged man's report, Ross raised his lips and showed a smug smile.

For Ross, this round of depreciation of the yen is like a very fat piece of fat. How could he leave just by taking a bite?

He hasn't taken action for a long time. This time he rarely encounters such a good prey. If he doesn't eat a bite, he will be a little sorry for the prey given to him by God.

"But when our people were building positions, they found that there was still a force that was building positions like us to short the yen."

When Ross heard the middle-aged man say that there were people in the market to make positions in the same direction as him, a cold light flashed through his eyes.
Chapter completed!
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