[MARKET UPDATE] Lutnick comments on the Dollar sent EUR/USD higher and weighed on USD/JPY
Lutnick's comments on the Dollar typically suggest shifts in sentiment regarding the currency's strength.
Commerce Secretary Lutnick says it is reasonable that the US could see 6% growth in Q1; says US will see large manufacturing job growth in 2026
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[MARKET UPDATE] Lutnick comments on the Dollar sent EUR/USD higher and weighed on USD/JPY
US Commerce Secretary Lutnick says the USD was manipulated higher over many years; it's more natural for the USD to be at its current level
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This has resulted in upward pressure on EUR/USD while adversely affecting USD/JPY, indicating a potential change in market dynamics for these pairs. Traders should consider how this sentiment shift aligns with broader trends in FX markets and pay attention to further developments around the Dollar or related economic indicators.
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