US Supreme Court Tariff Ruling Pressures Dollar Amid Market Uncertainty

Sharp Decline in the Dollar Index The US Supreme Court's ruling that certain customs tariffs are unlawful has triggered fiscal concerns, reducing demand for US assets.
Following this development, the dollar lost value against other major currencies.
The dollar index retreated to the 97.3 level, marking a 0.4% decrease.
Trade Policies and Geopolitical Risks The tariff dispute between President Donald Trump's administration and the Supreme Court has weakened the predictability of trade policies and led to uncertainty in the markets.
On the geopolitical front, diplomatic contacts between the US and Iran remain a primary focus for investors.
Analysts warn that risk perception in the markets could rise further if no concrete results emerge from the meetings to be held by delegations from both countries this week.
Economic Data Calendar While the domestic economic calendar remains quiet today, international markets will be monitoring US durable goods and factory orders, as well as statements from European Central Bank (ECB) President Christine Lagarde.