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  • 1.70255
  • +0.00005+0.00%
Trading Oct 31 18:18 CT
1.70395High1.70220Low
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    $CityDev (C09.SG)$
    this is the most important analysis disclosed by CDL.
    As illustrated above a 5% DROP IN THE VALUE of the USD will boost CDL profit by $17.5m while a 5% INCREASE IN THE VALUE of GBP will boost CDL profit by $17.9m
    The USD is currently on a downtrend against the SGD while the GBP is on an uptrend against the SGD.
    both currency directions are in CDL favour. this is another factor that will support bullish price action due to improving fundamentals
    Picture
    $CityDev (C09.SG)$
    British Pound is up against SGD at 1.719. This is positive for city dev earnings in UK, as forex gains.
    This is part of the series.
    Besides having stocks, ETFs and mutual funds in our AI portfolio, Mooers can set aside some moolah in FUTU ( $Futu Holdings Ltd (FUTU.US)$ ) MooMoo Cash Plus. The money in MooMoo Cash Plus can come in handy when Mooers are buying the dips or waiting for better opportunities in the stock market, such as buying stocks, ETFs and mutual funds in the AI, semiconductor and robotics industries & sectors.
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