Seeing the loss amount calculated by Tang Xin for Lin Chen, Lin Chen couldn't help but feel his heart skip a beat.
Speaking of which, in fact, he has never been able to figure out why the Japanese yen actually appreciated after the earthquake happened?
If he hadn't calculated repeatedly, the yen would definitely appreciate and he would have run away by now.
After all, this is 200 million U.S. dollars, not 200 million Chinese yuan!
Even Lin Chen would feel pain in his body.
What the hell is going on? Why isn’t it promoted?
Lin Chen couldn't help but cursed in his heart.
However, just as he finished speaking, the falling exchange rate of the yen suddenly stopped!
"What's going on?!"
Lin Chen stood up and asked.
But no one answered him, everyone's attention was focused on the big screen.
Suddenly, the exchange rate of the yen suddenly changed, from 83.29 yen to 1 US dollar, to 83.27 yen to 1 US dollar!
"It's up!"
Someone immediately shouted, but someone next to him immediately slapped him hard: "Don't scream, be careful to scare them back."
But then, the exchange rate of the Japanese yen to the U.S. dollar started to rise straight up like a rocket, skyrocketing like crazy.
From 1 US dollar to 83.27 yen, it quickly returned to 1 US dollar to 82.95 yen!
Not only had Lin Chen and the others made up for their previous losses, they even started to make profits!
"Wow!"
Everyone at the scene burst into exclamations.
You know, this is foreign exchange, not securities or futures. The fluctuation range of foreign exchange has always been very small. A few points of fluctuation in a day is already very good. How could it be as powerful as just now, with a total of more than 100 yuan?
A margin of 60 points!
And looking at this situation, the yen cannot stop at all and will continue to rise sharply!
"Hahaha!"
"It's gone up! It's gone up!"
When he saw this trend and saw that the yen would not fall back in the short term, Lin Chen finally breathed a sigh of relief. He knew that the yen had embarked on the appreciation track he had predicted before, and it was time for them to reap the rewards.
Lin Chen picked up the phone and shouted to Tang Xin and the others: "Everyone, I want to order sushi takeout! Which of you wants to eat? I'm treating you!"
"I!"
Everyone shouted in unison.
Then, everyone suddenly burst into laughter.
Although this transaction has not ended yet, they have all seen that the Japanese yen has formed a skyrocketing trend and is unlikely to fall again in a short period of time.
At this time, Donghai did not have a dedicated takeout business. If you wanted to order takeout, you could only call the store directly and ask for delivery. Sometimes the store might not be willing to deliver.
Seeing how troublesome it is to order takeout, Lin Chen couldn't help but think of a very popular industry in the future, the takeout industry...
No one has entered this industry yet. It is a blue ocean with unlimited business opportunities. Maybe we can consider it after Alipay is born.
As for now...it doesn't matter. Whether to deliver takeout or not is just a matter of money.
Lin Chen spent 100,000 and asked the store owner to personally send the best chef in the store to prepare a sushi for twenty people for Lin Chen and the others.
Everyone inside had a great feast.
At the same time, the reason for the sudden surge in the yen this time has also been clarified.
It turns out that the appreciation of the yen was due to the fact that local investors in the island country wanted to avoid risks and therefore purchased large amounts of yen to prepare for emergencies.
At the same time, the huge earthquake caused tragic economic losses. In order to pay domestic insurance premiums, insurance companies in island countries began to sell overseas assets and transfer funds back to the country.
Because of the return of local funds from these island countries, the yen subsequently surged.
However, for the Japanese yen, this surge was just the beginning, because Lin Chen received news from Kerkorian, who was also extremely excited. The hot money on Wall Street had begun to gather to speculate on the Japanese yen, and the vanguard had already set off.
The entry of these hot money will cause the yen to continue to rise, and it is not impossible to even exceed 80 yen per US dollar.
In fact, the trend in the next few days was exactly as these people expected.
During this period, follow-up news about the earthquake continued to be released, and the incompetence of the island government opened everyone's eyes.
The exchange rate of the Japanese yen continued to skyrocket along with this piece of news. It first easily exceeded 80 yen per US dollar, and then exceeded 79 yen, 78 yen, and 77 yen.
On the third night after the earthquake in the island country, young Kerkorian called Lin Chen: "Dear Lin, how high do you think the yen will rise this time?"
This time, relying on Lin Chen's foresight, little Kerkorian once again made a lot of money.
An investment of US$500 million has now yielded a return of nearly US$2.5 billion, which makes little Kerkorian almost crazy with excitement.
If Lin Chen wasn't by his side, he would even kneel down and kiss Lin Chen's toes.
Lin Chen is not just the God of Gambling! He is simply the God of Investment! He turns stone into gold! He is omnipotent!
On the other end of the phone, while drinking tea, Lin Chen looked up at the current trend of the Japanese yen. The current Japanese yen against the US dollar has risen to 76.79 yen per US dollar.
But Lin Chen knew that this trend was almost coming to an end.
Because following his calculations, the Japanese yen's market will face a reversal soon after it breaks through 76.5 yen.
He doesn't know the specific reason yet, but in short, the Japanese yen will continue to fall from its high level and begin a long-term depreciation.
So he said: "Korkorian, I think it's time for us to harvest. Next, I plan to sell the yen and buy the U.S. dollar."
"Buy U.S. dollars?" Kerkorian was nervous for a moment: "Lin, do you think the Japanese yen will start to depreciate?"
"yes."
"What's the reason? Overseas hot money has just begun to take action. They won't leave until the islanders shed some blood."
"I don't know the reason. It's just a gut feeling, Kerkorian. If you don't want to believe it, just sell the yen first and just settle down."
"No! Dear Lin, I now regard your words as an oracle. Since you think the yen will depreciate, then it will definitely depreciate!"
Lin Chen's prediction came true once again.
Not long after the phone call between the two ended, the Group of Seven countries issued an announcement to join forces to stabilize the exchange rate of the island countries.
The appreciation of the yen was halted and quickly began to reverse.
At this time, Lin Chen had already taken profits and began to operate in the opposite direction, shorting the Japanese yen.
Half a month later.
Crackling, there was no other sound in the operating room except the constant sound of typing on the keyboard.
As everyone's fingers danced, everyone held their breath.
Finally, one person shouted: "I'm clearing the warehouse!"
Immediately afterwards, another person shouted: "I'm also clearing the warehouse!"
Then the third, fourth... people kept raising their hands to indicate that they had completed the clearance. When the last person raised his hands, everyone turned their attention to Tang Xin who was aside.
She stood up and said: "We...Lin Chen, we made a total of 8 billion this time! We made 8 billion US dollars! More than 50 billion Chinese yuan!"