US market follows European and Asian stocks higher after a federal court blocks Trump’s ‘liberation day’ tariffsInvestors are watching the US dollar, which is currently up 0.1% against a basket of leading currencies and is one of the top performers in the G10 forex market today, says Kathleen Brooks, a research director at the broker XTB.Sell the dollar was one of the biggest ‘tariff trades’, so now that tariffs are in jeopardy, an unwind of this position is to be expected.However, for now, the focus is on a recovery in USD/JPY, and losses in the euro and the pound vs. the dollar have been minimal so far. Continue reading...