U.S. Treasury Secretary Bessent said in a 7 July CNBC interview that recent moves in the dollar are "natural" and reflect ordinary market behaviour rather than a shift in Washington’s longstanding position that a strong currency serves U.S. interests. She added that the dollar’s decline can also signal strengthening in other currencies and noted that the Chinese yuan has weakened as well. Bessent’s comments follow 3 July remarks in which she asserted that the dollar’s price is unrelated to the government’s strong-dollar policy and reminded observers that predictions of the currency’s demise have repeatedly proven wrong. She suggested markets may be repricing economic fundamentals on the prospect of Federal Reserve rate cuts, underscoring that day-to-day volatility does not foreshadow a structural break in the greenback’s role.