Economy Politics Country 2026-02-23T20:14:33+00:00

US Supreme Court Decision Confuses Markets

The US Supreme Court's decision to cancel Trump's tariffs pressured the dollar, allowing the euro and pound to strengthen in Asian trading. Traders reacted optimistically but remained cautious due to the situation with Iran.


US Supreme Court Decision Confuses Markets

The Supreme Court's decision has confused markets and pressured the US dollar. The euro and the British pound have gained in quiet Asian trading. The US dollar fell on Monday as traders considered that the US Supreme Court's decision to cancel tariffs imposed by President Donald Trump supports global growth. However, they remained cautious due to the ongoing risk of consequences from the Iranian file. The euro rose 0.4% to $1.1820 and the British pound rose 0.3% to $1.3516 in the Asian trading session, which saw little strong movement due to a holiday in Japan and Lunar New Year celebrations in China. The US dollar fell 0.4% to 154.40 yen. The Supreme Court ruled...

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