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 
Goldman Sachs Forecasts Fed Rate Hike as Inflation Risks Rise 
Who should own the knowledge that underpins AI technology? 
Banking scandal rocks Brazil’s politics and the country’s presidential election in October 
Synthetic data could ease people’s concerns about privacy breaches. But who gets to create it? 
Gold Slides to $4,262 as Hawkish Fed Rate Hike Triggers Technical Breakdown 
Physicists zoom into the birth of cosmic rainstorms with new CERN study 
 - EconoTimes)
Add as a preferred source on Google
Dollar index trading at 96.15 (-0.09%).
Strength meter (today so far) - Euro +0.21%, Franc -0.30%, Yen -0.30%, GBP +0.78%
Strength meter (since last week) - Euro +0.21%, Franc -0.30%, Yen -0.30%, GBP +0.78%
EUR/USD -
Trading at 1.117
Trend meter -
- Long term - Buy, Medium term - Range, Short term - Range/Sell
Support
- Long term - 1.048-1.036, Medium term - 1.065-1.06, Short term - 1.08-1.085
Resistance -
- Long term - 1.175-1.18, Medium term - 1.14, Short term - 1.132, Immediate - 1.122
Economic release today -
- Sentix investor confidence dropped to 13.6 in August from 18.4 in July.
Commentary -
- Euro trading in low volatility today, as New York closed for holiday.
GBP/USD -
Trading at 1.528
Trend meter -
- Long term - Buy, Medium term - Range, Short term - Range/Sell
Support -
- Long term - 1.425-1.417, Medium term - 1.497-1.49, Short term - 1.518-1.512,
Resistance -
- Long term - 1.592-1.616, Medium term - 1.585, Short term - 1.543-1.545
Economic release today -
- BRC shop price index to be released at 23:00 GMT.
Commentary -
- Pound is best performer today. Active call - Sell Pound targeting 1.44 area with stop loss around 1.58 area.
USD/JPY -
Trading at 119.4
Trend meter -
- Long term - Buy, Medium term - Range/Buy, Short term - Range/Sell
Support -
- Long term - 113.7-112.9, Medium term - 115.7-115, Short term - 118
Resistance -
- Long term - 130, Medium term - 127.5, Short term - 124.5
Economic release today -
- NIL
Commentary -
- Yen is consolidating around 119 level. Active call - Sell USD/JPY targeting 114.7 area with stop loss around 122
USD/CHF -
Trading at 0.975
Trend meter -
- Long term - Buy, Medium term - Range, Short term - Range/Buy
Support -
- Long term - 0.88, Medium term - 0.90, Short term - 0.93
Resistance -
- Long term - 1.174, Medium term - 1.025-1.02, Short term - 0.984-0.987
Economic release today -
- Swiss FX reserve rose to 540 billion in August.
Commentary -
- Franc is the worst performer today as SNB keeps on selling Franc.
