British Pound On The Rebound, U.S. Dollar Starts To Falter

Durable Goods Orders for August 2022 were released today, September 27th. Scott Bauer discusses this, as well as the British Pound (/6B). He talks about how the Pound hit an all-time low on Monday, but is rebounding today. He also goes over how the U.S. dollar (/DX) is puling back after hitting 20-year highs Monday. Additionally, he mentions how Japan spent an estimated $25B in a Yen (/6J) buying intervention last week. Finally, he notes that the 10-year yield hit 12-year highs on Monday. Tune in to find out more about futures today.