Confucius: the man who broke the mountain was the same man who started ...
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US Dollar Is Losing Its Luster as Investors Line Up to Go Short
After rocketing higher in March as the ultimate haven currency, the dollar is now headed for its worst month since the beginning of 2018, and many strategists see the sell-off continuing. Negative real rates in the U.S., the relentless spread of the coronavirus in America and a pickup in global risk sentiment have seen investors hitting the eject button on long positions in the greenback. With the Bloomberg Dollar Spot Index already down 2.4% in July, here is why strategists say it has fallen, and where they think it will go from here: Standard Chartered The dollar has seen continued selling during New York hours ... (full story)
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Start with 1000$. Increase by 3% every day. After one year 2 213 314$
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