Synthetic data could ease people’s concerns about privacy breaches. But who gets to create it? 
Goldman Sachs Forecasts Fed Rate Hike as Inflation Risks Rise 
Unsustainable – or manageable? We don’t yet know how data centres will impact Australia’s environment 
AI is supercharging money scams – here’s what you can do to protect yourself 
Banking scandal rocks Brazil’s politics and the country’s presidential election in October 
Physicists zoom into the birth of cosmic rainstorms with new CERN study 
China’s robots can run faster than Usain Bolt – now they are being prepared for war 
Gold Slides to $4,262 as Hawkish Fed Rate Hike Triggers Technical Breakdown 
Add as a preferred source on Google
Dollar has posed an ugly candle yesterday, as it was down almost 2% against Euro and similar move against other pairs.
- While European Central Bank's front loading of purchase pushed Euro from 1.132 to 1.089 against dollar, rumors of Greek deal has pushed it higher from 1.089 to 1.12. Since final deal is yet pending Euro is hovering around 1.115 against dollar.
Technically speaking, Dollar is likely to go down further after yesterday's massive push downwards and today's recovery can just be a dead cat bounce.
However, several challenges lie ahead for the pair.
- If possibility of a Greek deal has fuelled the move of EUR/USD, it might continue move sideways before any final agreement appears, which makes it vulnerable to dollar leg's movement.
- While Dollar was down heavily yesterday, rate hike expectations were not, which might once again push dollar higher. US 2 year treasury yields were almost unchanged yesterday, in spite of dollar drop. As of now hovering at 0.66%.
EUR/USD might move higher on Greek deal, but remains heavily exposed to US data risks unless the deal appears.
