‘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? 
Big AI wants to slow down AI research. Is it a safety pause or a strategic retreat? 
China’s robots can run faster than Usain Bolt – now they are being prepared for war 
Europe can’t achieve space sovereignty alone. Here’s why 
Banking scandal rocks Brazil’s politics and the country’s presidential election in October 
Goldman Sachs Forecasts Fed Rate Hike as Inflation Risks Rise 
AI is supercharging money scams – here’s what you can do to protect yourself 
Physicists zoom into the birth of cosmic rainstorms with new CERN study 
1 in 3 uni students experience serious financial hardship. Could concession cards for all help? 
 - EconoTimes)
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Dollar index trading at 96.80 (-0.70%)
Strength meter (today so far) - Aussie +0.55%, Kiwi +0.36%, Loonie -0.25%.
Strength meter (since last week) - Aussie +0.76%, Kiwi +0.81%, Loonie +0.04%.
AUD/USD -
Trading at 0.733
Trend meter -
- Long term - Sell, Medium term - Range, Short term - Range/Sell
Support -
- Long term - 0.60, Medium term - 0.71, Short term - 0.71-0.715
Resistance -
- Long term - 0.87, Medium term - 0.83, Short term - 0.78, Immediate - 0.75
Economic release today -
- Producer price index rose by 0.3% in second quarter, up 1.1% from a year ago.
- Private sector credit rose 0.4% in June from May and 5.9% from a year ago.
Commentary -
- Aussie performance improved relatively, however bias remains downside. Active call -
Sell Aussie with stop around 0.785 and 0.825 to target 0.715, 0.70 and 0.65.
NZD/USD -
Trading at 0.663
Trend meter -
- Long term - Sell, Medium term - Range/sell, Short term - Range/sell
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 -
- ANZ business confidence deteriorated in June to -15.3 from -2.3.
- ANZ activity outlook dropped to 19 from 23.6 prior.
Commentary -
- Kiwi bears are likely to keep testing 0.65 resistance level as economic outlook remains weak.
USD/CAD -
Trading at 1.303
Trend meter -
- Long term - Buy, Medium term - Range, Short term - Range/Buy
Support -
- Long term - 1.17, Medium term - 1.217, Short term - 1.265
Resistance -
- Long term - 1.298-1.315, Medium term - 1.30-1.31, Short term - 1.30
Economic release today -
- GDP dropped -0.2% on monthly basis.
Commentary -
- Canadian dollar remains sell against dollar, the pair might reach as high as 1.38. Economic outlook still remains clouded.
