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
The comments from US Commerce Secretary Lutnick regarding the manipulation of the USD suggest a significant shift in perception around currency valuation.
US Commerce Secretary Lutnick says that China must adhere to Nvidia's (NVDA) H200 license terms
[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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House Speaker Johnson says he will push to ban challenges to US President Trump's global tariffs over committed internal GOP opposition, via Politico
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- Thinks Q4 GDP growth will be in excess of 5%.
- Could reasonably see growth in excess of 6% in Q1.
- Says US will see large manufacturing job growth in 2026.
If the USD is deemed to be more naturally aligned at current levels, this could imply reduced risk for traders regarding aggressive USD strengthening or potential interventions. Additionally, his optimistic GDP growth forecasts for Q4 and Q1 may bolster the USD if traders perceive stronger economic fundamentals supporting its valuation.
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