Start with 1000$. Increase by 3% every day. After one year 2 213 314$
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EUR/USD Likely to Hold its Ground in Week Ahead
The Eurozone economy continues to perform well yet the European Central Bank still shows no inclination to tighten monetary policy; a perfect combination for a stable currency. Note that figures released late in July showed that Eurozone economic sentiment hit a record high that month and that the Eurozone unemployment rate fell to 7.7% in June from a revised 8.0% in May and better than the expected 7.9%. With the jobless rate falling, there is every chance that spending in the region will rise and that overseas travel will take off. So while some analysts worry that a slower rate of growth in sentiment may suggest ... (full story)
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