Yes, Australia’s big supermarkets have been price gouging 
Why you should expect to pay more tourist taxes – even though the evidence for them is unclear 
Doing a job you find meaningful is great – until it consumes your life 
AI may be to blame for our failure to make contact with alien civilisations 
Can science explain why couples break up? The mathematical anatomy of a fall 
US Supreme Court upended decades of precedent in 2022 by allowing voters to vote with gerrymandered maps instead of fixing the congressional districts first 
How is China being taught at Australian universities? 
A ‘sponge city’ may be your home in 2050 
US drone warfare faces questions of legitimacy, study of military chaplains shows 
Gas is good until 2050 and beyond, under Albanese gas strategy 
Reducing energy demand and improving efficiency will help prevent the next gas crisis 
New faith schools in England could soon allocate all their places on religious grounds 
 - EconoTimes)
Dollar index trading at 95.06 (+0.09%)
Strength meter (today so far) - Aussie +0.53%, Kiwi +0.32%, Loonie -0.12%.
Strength meter (since last week) - Aussie +0.53%, Kiwi +0.32%, Loonie -0.12%.
AUD/USD -
Trading at 0.776
Trend meter -
- Long term - Sell, Medium term - Range, Short term - Range/ Buy support
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 -
- NIL
Commentary -
- Aussie has bounced back from support area, however faces crucial test this week as FED will be make or break event for Aussie.
NZD/USD -
Trading at 0.7
Trend meter -
- Long term - Sell, Medium term - Range, Short term - Range/
Support -
- Long term - 0.653, Medium term - 0.65, Short term - 0.7-0.693
Resistance -
- Long term - 0.883, Medium term - 0.80-0.805, Short term - 0.737-0.74, Immediate - 0.72
Economic release today -
- NIL
Commentary -
- Kiwi is showing some signs of bounce back from sub 0.7 area. Further rise is possible if FOMC turns dovish this week.
USD/CAD -
Trading at 1.232
Trend meter -
- Long term - Buy, Medium term - Range, Short term - Range/Buy Support
Support -
- Long term - 1.17, Medium term - 1.1840-1.18, Short term - 1.217-1.213, Immediate - 1.238-1.236 (broken)
Resistance -
- Long term - 1.298-1.315, Medium term - 1.30-1.35, Short term - 1.28
Economic release today -
- Manufacturing shipments dropped by -2.1% m/m in April.
Commentary -
- Canadian remains sell against dollar, started the week in weaker footing as oil price slumped today.
