Start with 1000$. Increase by 3% every day. After one year 2 213 314$
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US Dollar (DXY) Eyes Multi-Month Low But Speculators are Trimming Their Short Positions
The US dollar sell-off continues and a complete re-trace of the March 9-22 surge may be playing out. The constant printing of US dollars to counteract the effects of COVID-19 continues to weigh on the currency while the one-month to three-year US Treasury yield curve is flat and offers investors little in the way of any return. The yield curve move lower in longer-dated USTs has been helped by Fed officials jawboning about yield curve control – keeping interest rates at or below a specified target – although this recent move lower has eased the pressure on the Fed to set any specific levels for now. A weaker US ... (full story)