Start with 1000$. Increase by 3% every day. After one year 2 213 314$
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USD/CAD Price Outlook: US Dollar Builds a Base, Loonie Eyes Oil
USD/CAD price action has fluctuated within a rough 300-pip trading range since mid-June. This major currency pair has drifted sideways alongside several other rangebound markets – like crude oil, the S&P 500, and even Bitcoin – as traders hang in ‘wait and see mode’ largely due to the juxtaposition of both bullish and bearish fundamental undercurrents. Appetite for risk seems to have deteriorated correspondingly as investor optimism wanes amid rising coronavirus cases and decelerating recovery in economic activity. This development was just alluded to in the press statement accompanying the latest BoC ... (full story)