US: Trump Approval Rating Steady As Tariffs Take Centre Stage Again
President Donald Trump's approval rating has held relatively steady over the past couple of weeks, w...
Want to read more?
Find more articles and bullets on these widgets:
Historical bullets
GBPUSD TECHS: Trend Needle Points North
- RES 4: 1.3800 Round number resistance
- RES 3: 1.3757 1.618 proj of the Feb 28 - Apr 3 - 7 price swing
- RES 2: 1.3681 1.500 proj of the Feb 28 - Apr 3 - 7 price swing
- RES 1: 1.3616 High Jun 5
- PRICE: 1.3546 @ 15:55 BST Jun 9
- SUP 1: 1.3453 20-day EMA
- SUP 2: 1.3335/3288 Low May 20 / 50-day EMA
- SUP 3: 1.3140 Low May 12 and key support
- SUP 4: 1.3041 Low Apr 14
Trend signals in GBPUSD are unchanged and remain bullish. Last week’s fresh cycle high, confirms a resumption of the uptrend and an extension of the price sequence of higher highs and higher lows. This opens 1.3681 next, a Fibonacci projection. Initial support to watch lies at 1.3453, the 20-day EMA. A clear break of this average would suggest potential for a deeper correction and expose the 50-day EMA, at 1.3288.
US: FED Reverse Repo Operation
RRP usage rises to $179.315B this afternoon from $149.284B Friday, total number of counterparties at 37. Usage had fallen to $54.772B on Wednesday, April 16 -- lowest level since April 2021. Conversely, usage had surged to the highest level since December 31, 2024 on Monday, March 31: $399.167B.
SOFR OPTIONS: Oct'25 SOFR Midcurve Put Trees
- +10,000 0QV5 95.87/96.12/96.37 put trees, 4.0 ref 96.625
