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0.00245024752475256 0.00245024752475256 0.00245024752475256 0.000495049504950467 -0.000594059405940617 -0.000569306930693114 -0.000371287128712815 -0.000247524752475163
Stock impact report

Currency Crash: How Millennium Management Made $40 Million Betting Against the Egyptian Pound [Yahoo! Finance]

Goldman Sachs Group, Inc. (The) (GS) 
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am Check Earnings Report
US:NYSE Investor Relations: goldmansachs.com/investor-relations
Company Research Source: Yahoo! Finance
Currency investors expect volatility, but a massive score in a single trade is still infrequent. However, a recent disruption in the Egyptian currency markets created an opportunity for perceptive prop trader Naveen Choppara of Millennium Management, who single-handedly put together one of the year's most profitable trades. Don't Miss: This prop trading firm allows traders to receive 100% of the first $25,000 per account and 90% beyond that. Heres how you can get in on the profit. A Country In Crisis Few countries have been hit harder economically than Egypt over the last few years. Series after series of adverse shocks have influenced Egypt's economy, like the COVID-19 pandemic, war in Ukraine and war in Gaza. But in reality, Egypt's problems go back much further, as foreign investment in the country has been dragging for nearly a decade, and high inflation already was ravaging the currency. Expanding deficits, domestic mismanagement and external events like the war in Gaz Show less Read more
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