The US dollar is continuing to rocket higher on the tariff-block news

The news:

• A US federal court blocked Trump’s “Liberation Day” tariffs from going into effect
• USD higher after US court says Trump doesn’t have ‘Liberation Day’ tariff authority
• Trump’s tariffs blocked – what we know

USD/JPY is up more than a big figure, highs hit circa 146.00.

• USD/CHF is up around 70 points.
• EUR/USD is down nearly a big figure, lows circa 1.1210.

So far we’ve heard nothing from Trump. The ruling can be appealed.

This article was written by Eamonn Sheridan at www.forexlive.com.