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The Supreme Court ruling on International Emergency Economic Powers Act (IEEPA) tariffs provides limited relief for the rest of the world, with weighted average tariff rates modestly lower.
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In-Depth Analysis
The Supreme Court struck down the presidents authority to levy tariffs under the International Emergency Economic Powers Act (IEEPA). President Trump was quick to announce new tariffs.
Every bull market creates its own regrets. Missed entries. Delayed conviction. Capital deployed just late enough to feel the move, but not profit from it.
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Cryptocurrencies
Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Thursday after a 6.2% relief rally the previous day amid a broader downward trend.
Ripple (XRP) rises alongside major crypto assets to trade above $1.43 at the time of writing on Thursday. The slow but steady recovery comes after the remittance token declined to a weekly low of $1.31 on Tuesday, as investors navigated key changes in the United States (US) tariff policy.
Meme coins, including Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), have remained stable so far on Thursday after rising around 5%-10%-5% respectively on Wednesday, suggesting a lack of sustained bullish momentum.
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Stocks
The last 24 hours has seen a plethora of earnings reports, but two stand out: Nvidia and Rolls Royce. The contrasting investor response to both earnings reports is stark, and tells us something important about this market.
Weekly Forecast
The US Dollar (USD) stands victorious at the end of another week, with the EUR/USD pair trading near a four-week low of 1.1742, while the USD retains its strength despite some discouraging American data released at the end of the week.
The Pound Sterling (GBP) crashed to its lowest level in a month against the US Dollar (USD), as critical support levels were breached in a data-packed week.
Bitcoin (BTC) price continues to trade within a range-bound zone, hovering around $67,000 at the time of writing on Friday, and falling slightly so far this week, with no signs of recovery.
The US Dollar (USD) reversed its previous week’s decline, managing to stage a meaningful rebound and retesting the area just above the 98.00 barrier when tracked by the US Dollar Index (DXY).




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