1 in 3 uni students experience serious financial hardship. Could concession cards for all help? 
Europe can’t achieve space sovereignty alone. Here’s why 
Banking scandal rocks Brazil’s politics and the country’s presidential election in October 
Big AI wants to slow down AI research. Is it a safety pause or a strategic retreat? 
‘Buy now, pay later’ doesn’t feel like debt. For young people, that can be a big problem 
Synthetic data could ease people’s concerns about privacy breaches. But who gets to create it? 
China’s robots can run faster than Usain Bolt – now they are being prepared for war 
AI is supercharging money scams – here’s what you can do to protect yourself 
Unsustainable – or manageable? We don’t yet know how data centres will impact Australia’s environment 
Who should own the knowledge that underpins AI technology? 
 - EconoTimes)
Add as a preferred source on Google
Dollar index trading at 96.04 (+0.53%)
Strength meter (today so far) - Aussie -0.36%, Kiwi -0.44%, Loonie -0.84%.
Strength meter (since last week) - Aussie +0.16%, Kiwi -1.17%, Loonie -1.48%.
AUD/USD -
Trading at 0.766
Trend meter -
- Long term - Sell, Medium term - Range, Short term - Range
Support -
- Long term - 0.60, Medium term - 0.71, Short term - 0.756-0.75
Resistance -
- Long term - 0.87, Medium term - 0.83, Short term - 0.793-0.796
Economic release today -
- Building permits are up 2.4% in May on monthly basis and up 17.6% from a year ago.
Commentary -
- Aussie is headed to test the support area, tomorrow's non-farm might prove crucial and might turn out as make or break event.
NZD/USD -
Trading at 0.675
Trend meter -
- Long term - Sell, Medium term - Range, Short term - Range/sell resistance
Support -
- Long term - 0.653, Medium term - 0.65, Short term - 0.65
Resistance -
- Long term - 0.883, Medium term - 0.80-0.805, Short term - 0.737-0.74, Immediate - 0.705
Economic release today -
- NIL
Commentary -
- Kiwi remains sell against dollar, as fundamental outlook remains subdued and RBNZ is expected to reduce rates further.
USD/CAD -
Trading at 1.256
Trend meter -
- Long term - Buy, Medium term - Range, Short term - Range/Buy
Support -
- Long term - 1.17, Medium term - 1.1840-1.18, Short term - 1.217-1.213
Resistance -
- Long term - 1.298-1.315, Medium term - 1.30-1.35, Short term - 1.28. Immediate - 1.25 (broken)
Economic release today -
- NIL
Commentary -
- Canadian dollar is likely to remain sell against dollar as expectation is building up for further rate cut by BOC amid weakening economic activities.
