The dollar rises after the suspension of a US court of Trump customs duties

The dollar rose on Thursday against the backdrop of a judicial ruling that prevents US President Donald Trump from imposing customs duties on the imports of other countries, which reduced the fluctuations in the currency that suffered this year due to the fog that traces the trade.
Manhattan International Trade Court said that the US constitution gives Congress an exclusive authority to regulate trade with other countries, which cannot be exceeded by the emergency presidents of the President to protect the American economy.
The Trump administration responded by challenging the decision within minutes.
"It is almost impossible to know whether the customs duties will be completely canceled. But in this case the assumptions are based, it is natural that we are witnessing a rise in the dollar," said Yunusuki Ikida, Nomura's total economy director in Tokyo. "Trump's customs duties will lead to pressure from the inflationary recession on the American economy, so canceling these fees will be positive for the dollar."American assets, including the dollar, stocks and long -term treasury bonds, have witnessed sharp declines in the past few months, as investors re -assumed assumptions on American markets and their superiority over other markets, in light of Trump's volatile commercial and tax policies that weaken confidence and stimulate inflation.
The dollar rose 0.72 percent against the yen to 145.86 and 0.63 percent against the Swiss franc to 0.8326.
The euro fell 0.42 percent to $ 1.1245, and the pound fell 0.30 percent to $ 1.3432.
Thus, the dollar index, which measures the performance of the US currency against six main currencies, has exceeded the level of 100 for the first time in a week.
However, the index is still eight percent low since the beginning of the year, and analysts are still skeptical of the continued rise in the dollar and expect a long judicial battle over customs duties.