The US dollar fell against most major rivals on Thursday after important data, while markets assess a US court ruling to suspend Trumps tariffs.

The US International Trade Court in Manhattan ruled today that Trump overstepped his authority by imposing an economic emergency and tariffs on other countries, and ordered the administration to stop collecting tariffs.

Nvidias stock also rallied following its results, which showed first-quarter earnings above estimates on strong demand on data centers.

Earlier US data showed the second reading for GDP with a 0.2% contraction in the first quarter, below the 0.3% contraction in the first reading.

US unemployment claims rose by 14 thousand last week, while analysts expected an increase of 3 thousand.

On trading, the dollar index fell 0.6% as of 19:44 GMT to 99.2, with a session-high at 100.5, and a low at 99.2.

Aussie

The Australian rose 0.3% against the US dollar to 0.6447.

Loonie

The Canadian dollar rose 0.2% as of 20:20 GMT against the US dollar to 0.7244.