Chapter 1360 Do Not Let Go of Any Turf in Australia
In this world, most of the most elite talents in the financial industry are gathered on Wall Street.
There are many short-sellers who attacked the Australian financial market this time, and there are many masters who have the title of "King of Wall Street" in the future.
The RBA's counter-offensive, although effective, did not scare these big bears, but aroused the ferocity of the bears.
Many bigwigs have communicated with each other and have a common opinion. Australia is already hysterical!
If this wave is repelled, then you can start preparing to cut the meat!
The RBA has banned domestic banks from lending Australian dollars to international speculators, albeit blocking an important channel.
But the bears have a way!
Some speculators exchange from foreign trade companies at high interest rates, and there are always people who have no confidence in Australian dollars who are willing to exchange Australian dollars for US dollars.
Some speculators exchanged Australian dollars through branches of multinational banks in Australia. The U.S. dollars entered the accounts of multinational banks, and the Australian dollars were given to international speculators.
There are also speculators who go directly to the central banks of various countries and apply for the exchange of US dollars for the Australian dollar foreign exchange held by the central banks of the countries.
No matter which party, they are unwilling to stand together with Australia and only want to protect their own interests.
And the international speculators exchanged for these Australian dollars, and they all smashed them out, consuming the dollars in the hands of the RBA and other bulls.
Through this model, although international speculators have suffered losses, as long as they can beat the RBA, all losses will be borne by Australia and many bulls!
At the same time, international speculators also opened positions to buy forward foreign exchange contracts and shorted the forward Australian dollar, indicating their determination to sell strongly and undermining the confidence of the bulls.
Spot and forward strikes at the same time, and the RBA is horrified to find that dollar foreign exchange reserves are being depleted at a faster rate than before.
From February 12th to 14th, the Australian foreign exchange market was extremely fierce in the past three days.
Bulls and bears have repeatedly fought for the top of the mountain.
A bullish attack pushed the Australian dollar to a peak of 0.9054 half an hour ago.
Half an hour later, the Australian dollar exchange rate was knocked down to a trough of 0.8914.
The bulls then counterattacked collectively, pushing the exchange rate up to 0.9089.
...
It was so repeated, and the fight was overwhelming, and until the last moment, no one was willing to give in.
The result of the concession is a liquidation, and no one can afford this loss!
The Air Force, headed by the two big shorts, Bridgewater Fund and Tiger Fund, has a gradual decrease in the spot Australian dollar and forward Australian dollar inventory, but more and more US dollars in its hands.
Using these dollars, the bears went crazy looking for the Australian dollar all over the world, while infiltrating Australia in a pervasive way to try to get more Australian dollars.
The bears are able to spend the dollar again and buy new Aussie "ammo".
However, the bulls headed by the Australian Central Bank are uncomfortable. They hold a large amount of Australian dollars, but they dare not release them. The "dollar" ammunition is getting less and less, and the difficulty of obtaining "ammunition" is many times higher than that of the bears.
No way, who made the US dollar the global currency and the Australian dollar not?
...
On February 15, Wall Street, USA.
"Julian, it looks like the RBA is going to be overwhelmed!"
Rey Dalio and Julian Robertson got together again and watched the Australian dollar exchange rate drop to 0.8854 at one time. Then in the past hour, the bulls counterattacked several times, but the highest one only rushed to 0.8925. Leo gave Julian Robertson a winner's smile.
"It's time to give the RBA one last shot!"
Julian Robertson said with a laugh.
"It's really time to log in."
"If you think about it, the RBA has worked hard, but unfortunately the gap between the strength of the bulls and us is too great."
"But thanks to the A$17.5 billion support from the Bright Fund, otherwise we would have wanted to get to where we are now,
It will take at least four to five days! "
Rey Daario said, and couldn't help but sigh.
Think these days, the remaining A$6.07 billion held by Bridgewater and Tiger has been thrown away.
Then Bright Fund used the 14.64 billion Australian dollars that had been short-sold in Australian equity, plus the funds collected by other companies, to get 17.5 billion Australian dollars, all of which were converted into US dollars with Bridgewater Fund and Tiger Fund.
The 17.5 billion Australian dollars of ammunition has also smashed 10.4 billion Australian dollars, and now only 7.1 billion Australian dollars are left.
However, in the view of Julian Robertson and Rey Dalio, the two sides add up to 7.1 billion Australian dollars, enough to completely defeat the RBA!
After the discussion, the two communicated with other friendly troops respectively, and then issued orders.
Sydney time, February 15 at 3.30pm.
Bridgewater has hit a $3.5 billion deal.
Tiger Fund followed suit with A$3.5 billion.
The "two hydrogen bombs" thrown by two strategic air bombers directly detonated the Australian foreign exchange market.
At this time, Jack Stave happened to be dispatched on the spot by the Exchange Rate Department of the Central Bank.
The RBA's US dollar foreign exchange reserves, with only US$1.97 billion remaining, are about to run out of ammunition.
When he learned that the two orders, which totaled up to 7 billion Australian dollars, had been thrown out, Eric Archie, the director of the exchange rate department, stared round with bloodshot eyes and shouted in horror: "It's over!"
"Do not……"
Central Bank President Jack Staff, who had barely slept in the past few days, reacted even more violently. His eyes darkened and he fainted. He was quickly supported by the secretary behind and called a doctor.
The RBA can't hold back!
The Aussie bulls are also running out of ammunition.
The Australian dollar exchange rate has completely collapsed!
By 4pm Sydney time, the Australian dollar had fallen to 0.8349 against the US dollar.
Except for the fluctuations in the first fifteen minutes, and the next fifteen minutes were completely straight down without the slightest fluctuation.
The bulls were directly blown up, blood loss!
The Australian forex market has become a bear's carnival, trampling recklessly.
In the evening of the same day, when it was reported that the Governor of the Reserve Bank of Australia, Jack Staff, had fainted and was sent to the hospital for rescue, the Australian people were grieved and indignant, but they couldn't hide their panic.
Even Australian Prime Minister Bob Lake called on television to resist financial robbers.
Capital at home and abroad is well aware that the Australian foreign exchange market has been broken down by shorts led by Bridgewater Fund and Tiger Fund, and will collapse completely in the next few days.
The armor of Australia's financial markets has worn off.
The stock and bond markets have been exposed.
If you don't follow up, let alone meat, you may not even be able to drink soup.
Global capital quickly rushed to Australia, holding high the butcher's knife, to carry out a full-scale bloodbath on Australia.
While chanting "Tiger Fund and Bridgewater Fund are awesome", they shouted the slogan of attack - do not let go of any turf in Australia!
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