Cheaper medicines and a new approach for mental health care 
The budget is full of good news, but good news isn’t the same as good management 
Chinese nationalist groups are launching cyber-attacks 
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 
Latest inflation figures are good news 
Europe is still in short-term crisis mode over Ukraine and lacks a vision for its post-war identity 
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 
 - EconoTimes)
Dollar index trading at 96.90 (+0.09%)
Strength meter (today so far) - Aussie -0.35%, Kiwi +0.09%, Loonie -0.64%.
Strength meter (since last week) - Aussie +0.15%, Kiwi +0.74%, Loonie -0.61%.
AUD/USD -
Trading at 0.722
Trend meter -
- Long term - Sell, Medium term - Sell, Short term - Range
Support -
- Long term - 0.60, Medium term - 0.69, Short term - 0.719-717
Resistance -
- Long term - 0.82, Medium term - 0.785 -0.79, Short term - 0.74
Economic release today -
- NIL
Commentary -
- Aussie Dollar retreats ahead of FED meeting as commodities weaken.
NZD/USD -
Trading at 0.679
Trend meter -
- Long term - Sell, Medium term - Range/sell, Short term - Range/Buy
Support -
- Long term - 0.56, Medium term - 0.625, Short term - 0.66
Resistance -
- Long term - 0.77, Medium term - 0.725, Short term - 0.7
Economic release today -
- NIL
Commentary -
- Kiwi is the best performer of the week so far. Focus on FOMC tomorrow.
USD/CAD -
Trading at 1.324
Trend meter -
- Long term - Buy, Medium term - Range, Short term - Range
Support -
- Long term - 1.19, Medium term - 1.28, Short term - 1.303,
Resistance -
- Long term - 1.38, Medium term - 1.35, Short term - 1.34
Economic release today -
- NIL
Commentary -
- Loonie is the worst performer today as oil price slipped further, might weaken further as oil price broke key support.
