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US Dollar Falls Early Monday, Focus on FOMC Minutes, GDP, Consumer Prices This Week
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US Dollar Falls Early Monday, Focus on FOMC Minutes, GDP, Consumer Prices This Week
Apr 6, 2026 4:53 AM

07:37 AM EDT, 04/06/2026 (MT Newswires) -- The US dollar fell against its major trading partners early Monday after the long holiday weekend and before a busy week of data releases leading up to the March consumer price report on Friday.

Only the ISM's non-manufacturing reading for March is scheduled for Monday at 10:00 am ET.

Highlights on Tuesday include durable goods orders for February, consumer sentiment data for April, and the New York Federal Reserve's inflation expectations report for March.

The release of the minutes of the March 17-18 Federal Open Market Committee meeting is the highlight on Wednesday, preceded by weekly mortgage applications and petroleum stocks data.

The final estimate of Q4 GDP, personal income, spending, and price data for February, and weekly jobless claims are the key releases scheduled for Thursday.

Friday's releases include consumer price data for March and the preliminary University of Michigan consumer sentiment index for April.

A quick summary of foreign exchange activity heading into Monday:

EUR/USD rose to 1.1544 from 1.1520 at the Friday close and 1.1543 at the same time Friday morning. There are no Eurozone data on Monday's schedule. The next European Central Bank meeting is scheduled for April 30.

GBP/USD rose to 1.3237 from 1.3196 at the Friday close and 1.3234 at the same time Friday morning. There are no UK data on Monday's schedule. The next Bank of England meeting is scheduled for April 30.

USD/JPY fell to 159.5341 from 159.5852 at the Friday close and 159.5563 at the same time Friday morning. There were no Japanese data released overnight. The next Bank of Japan meeting is scheduled for April 27-28.

USD/CAD fell to 1.3924 from 1.3944 at the Friday close and 1.3926 at the same time Friday morning. Canadian services PMI data for March are due to be released at 9:30 am ET. The next Bank of Canada meeting is scheduled for April 29.

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