Forex & Currency Watch — 2026-04-06
The US Dollar Index (DXY) slipped to 99.81 on April 6, 2026, down 0.21% on the session and sitting below the key 101 weekly resistance level as the dollar struggles to sustain its recent recovery. USD/JPY remains the dominant driver across major pairs, with yen strength building as Japan's rate-hike cycle continues and safe-haven demand persists amid elevated geopolitical risk. Traders should watch the RBNZ decision and a packed slate of US and Eurozone data releases in the week ahead, with DXY potentially testing the 97.80–99.50 range depending on CPI outcomes.
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