More price rises and empty shelves on the cards as UK brings in Brexit border checks 
LVMH succession planning: keeping it in the family when you’re the world’s richest man 
The biblical character who goes ‘down the rabbit hole’ into an alternate reality − just like Alice in Wonderland 
Ensuring victims’ rights: The federal ombudsperson’s office is necessary but insufficient 
What is meaningful work? A philosopher’s view 
The planetary orbit in Netflix’s ‘3 Body Problem’ is random and chaotic, but could it exist? 
High interest rates aren’t going away anytime soon – a business economist explains why 
Four myths about vertical farming debunked by an expert 
Trump-proofing Nato: why Europe’s current nuclear deterrents may not be enough to face biggest threats since WWII 
US sanctions on Iranian hackers highlight growing concern about the Islamic Republic’s cyberwarriors 
Sudan’s civil war is rooted in its historical favouritism of Arab and Islamic identity 
Electric vehicles are usually safer for their occupants – but not necessarily for everyone else 
 - EconoTimes)
Dollar index trading at 94.76 (-0.45%)
Strength meter (today so far) - Aussie +0.92%, Kiwi +0.74%, Loonie +0.63%.
Strength meter (since last week) - Aussie +1.92%, Kiwi +2.22%, Loonie +1.40%.
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, Immediate -0.772(broken)
Economic release today -
- Westpac consumer confidence dropped by -6.9%
Commentary -
- Aussie is bouncing back from support area as dollar is weakening all across board. Aussie might reach 0.79 against dollar.
NZD/USD -
Trading at 0.719
Trend meter -
- Long term - Sell, Medium term - Range, Short term - Range/Sell resistance
Support -
- Long term - 0.653, Medium term - 0.70, Short term - 0.71-0.708
Resistance -
- Long term - 0.883, Medium term - 0.80-0.805, Short term - 0.737-0.74, Immediate - 0.719-0.721(broken)
Economic release today -
- RBNZ monetary policy is scheduled at 21:00 GMT.
Commentary -
- Kiwi faces key test today as RBNZ is scheduled to deliver monetary policy. Market is expecting at least 25 basis points rate cut today. Kiwi might bounce back post rate cut if future outlook is nor dovish enough. Kiwi might reach 0.74 area against dollar, if support holds at 0.7.
USD/CAD -
Trading at 1.226
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 -
- NIL
Commentary -
- Canadian dollar is doing pretty well as Dollar weakened and oil bounced back. Loonie is to go down further at least towards 1.215 support area.
