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2003年是非美元货币的大涨年,许多外汇实盘投资者都在不断上涨的行情中获得了很高的收益。进入2004年,外汇走势发生了显著变化,美元低利率时代已然见底,同时美国经济的复苏势头强劲,美元汇率走强的预期已朦胧可见。对于实盘投资者来说,今年投资和去年不同,将会以波段操作为主,就是在阶段性震荡反弹行情中获取收益。普通外汇买卖业务的不足显现,投资者只能做多,只能通过低买高卖来赚钱,而不能做空,失去了一半的买卖机会。外汇期权交易可以弥补这一缺憾,即持有美元并在美元上涨时,同样获得高额收益。中行根据汇市特点的不同,推出了两款不同的外汇期权交易产品,即“期权宝”和“两得宝”。
In 2003, the year of non-dollar currency was soaring, and many foreign-exchange real investors gained high returns in the rising market. In 2004, the trend of foreign exchange has undergone significant changes. The era of low interest rates of the U.S. dollar has bottomed out. At the same time, the U.S. economy is enjoying strong recovery and the expectation of a stronger U.S. dollar has been blurred. For real investors, this year’s investment and last year’s different will be dominated by the band operation, that is, in the stage of the rally shocks to obtain revenue. The lack of ordinary foreign exchange business appears, investors can only do more, only to make money by buying low and selling high, but not short, lost half of the trading opportunities. Foreign exchange options trade can make up for this shortcoming by holding the U.S. dollar high and gaining the same gains as the dollar rises. According to the different characteristics of the foreign exchange market, Bank of China launched two different foreign exchange options trading products, namely “option treasure” and “two treasure”.