The Dollar Declines Following Supreme Court Decision on American Tariffs

The US dollar experienced a decline this Monday as markets assessed the implications of the decision by the Supreme Court of the United States to overturn the tariffs imposed by former President Donald Trump. This measure was viewed by investors as favorable for global growth prospects.

The euro and the British pound rise
On the foreign exchange market, the euro climbed 0.4% to reach $1.1820, while the British pound increased by 0.3%, settling at $1.3516. These movements occurred during a relatively quiet Asian trading session, marked by a public holiday in Japan and celebrations of the Lunar New Year in China.

Decline against the yen and mixed movements elsewhere
In contrast, the greenback fell by 0.4% against the Japanese yen, standing at 154.40 yen. The New Zealand dollar recorded a slight increase, while the Australian dollar dipped slightly to $0.7070.

The Swiss franc, a safe haven, strengthens
Meanwhile, the Swiss franc, considered a safe haven, appreciated by 0.5% to reach $0.7727, benefiting from a renewed interest in safer assets amid a changing international economic landscape.