Published: 2025-09-01T03:30:48.000Z
USD/JPY flows: Up and down
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US Federal Appeals court rules that most of Trump's tariffs are illegal
Over the weekend, the Federal Circuit court ruled that most of Trump's tariffs are illegal. While it is likely going to be contested in the high court, it brings volatility in the early Asia session. U.S. equities were trading higher and USD trading broadly lower.
USD/JPY is trading 0.06% lower at 146.94 after touching a session high of 147.37.