Britain is not as broken as everyone seems to think 
Israel’s invasion of Rafah will not eliminate Hamas or end the war. So, what is Benjamin Netanyahu’s plan? 
Why banks consider renewable energy to be a riskier investment than fossil fuels 
Over 26 million South Africans get a social grant. Fear of losing the payment used to be a reason to vote for the ANC, but no longer – study 
Four ways EU laws affect the daily lives of European citizens today 
Exams: seven tips for coping with revision stress 
It’s OK to mow in May − the best way to help pollinators is by adding native plants 
Term limits aren’t the answer 
How German media attention idealises female Ukrainian refugees 
Europe is still in short-term crisis mode over Ukraine and lacks a vision for its post-war identity 
 - EconoTimes)
Dollar index trading at 95.24 (-0.03%).
Strength meter (today so far) - Euro -0.06%, Franc -0.28%, Yen +0.18%, GBP +0.14%
Strength meter (since last week) - Euro -1.28%, Franc -2.01%, Yen -0.80%, GBP -0.91%
EUR/USD -
Trading at 1.12
Trend meter -
- Long term - Sell, Medium term - Range, Short term - Range/Sell resistance
Support -
- Long term - 1.048-1.036, Medium term - 1.065-1.06, Short term - 1.106, Immediate - 1.118-1.115
Resistance -
- Long term - 1.175-1.18, Medium term - 1.155-1.16, Short term - 1.14-1.145, Immediate - 1.129-1.132
Economic release today -
- NIL
Commentary -
- Euro almost flat as no solution is reached on Greece yet.
GBP/USD -
Trading at 1.572
Trend meter -
- Long term - Buy, Medium term - Range, Short term - Range
Support -
- Long term - 1.425-1.417, Medium term - 1.497-1.49, Short term - 1.518-1.512, Immediate - 1.548-1.545
Resistance -
- Long term - 1.592-1.616, Medium term - 1.595, Short term - 1.595
Economic release today -
- According to CBI survey sales are down in June but outlook remains bright.
Commentary -
- Pound has performed well today, however remains almost flat as market awaits Greek resolution.
USD/JPY -
Trading at 123.6
Trend meter -
- Long term - Buy, Medium term - Range/Buy, Short term - Range/Buy support
Support -
- Long term - 113.7-112.9, Medium term - 115.7-115, Short term - 119, Immediate - 122.2-122.6
Resistance -
- Long term - 130, Medium term - 127.5, Short term - 127.5. Immediate - 124.4
Economic release today -
- CPI and unemployment is scheduled at 23:30 GMT.
Commentary -
- Yen lost further ground against dollar as policy divergence is back in focus.
USD/CHF -
Trading at 0.936
Trend meter -
- Long term - Buy, Medium term - Range, Short term - Range/buy support
Support -
- Long term - 0.88, Medium term - 0.90, Short term - 0.90
Resistance -
- Long term - 1.174, Medium term - 1.025-1.02, Short term - 0.984-0.987
Economic release today -
- NIL
Commentary -
- Franc is the worst performer this week, down more than 2% against dollar so far. Franc remains sell against dollar. SNB's Jordon said Franc remains overvalued.
