Who should own the knowledge that underpins AI technology? 
Unsustainable – or manageable? We don’t yet know how data centres will impact Australia’s environment 
Goldman Sachs Forecasts Fed Rate Hike as Inflation Risks Rise 
Big AI wants to slow down AI research. Is it a safety pause or a strategic retreat? 
Synthetic data could ease people’s concerns about privacy breaches. But who gets to create it? 
Banking scandal rocks Brazil’s politics and the country’s presidential election in October 
1 in 3 uni students experience serious financial hardship. Could concession cards for all help? 
What is Zionism? The different meanings of a contested term 
Physicists zoom into the birth of cosmic rainstorms with new CERN study 
AI is supercharging money scams – here’s what you can do to protect yourself 
Add as a preferred source on Google
Dollar bulls took third consecutive daily hit yesterday, as profit booking accelerated at record levels. Dollar bulls are failing to find enough ammunition to march on despite record fall in German yield.
- US economy is expected to gather pace once more at latter half of the year, however weak 1st quarter is taking its toll. Job rolls which so far has remained robust, hit multi month low in March.
Falling treasury yields is posing serious challenge for the bulls.
- US 2 year yield now has fallen below 0.50%, trading at 0.492. Similarly 5 year fell further to 1.2982. In spite of falling German yields, falling US yield continue to take its toll on Dollar. At the peak of the speculation in March, US 2 year yield reached 0.73%.
Both treasuries and dollars found little to cheer for from last night's FED speakers.
- FED's Lockhart expects slow and gradual rate hike, starting later than too early.
- FED's Rosengren said that inflation won't be picking up any time soon.
With such discouraging words from the FED officials and weaker data, Dollar looks really vulnerable this time around.
- Bulls have so far well defended 96 level in Dollar index, however RSI shows they are losing in strength and a catalyst might result in larger correction in dollar.
