USD Strengthens as Deadline Delays Fuel Market Uncertainty Through April 6

The US dollar is drawing mixed reactions as repeated deadline extensions — now pushed to April 6 — inject prolonged uncertainty into global markets. What began as a 48-hour window last Saturday has stretched into weeks of indecision, with policymakers continuing to kick the can down the road on key policy resolutions. This pattern of delays is weighing on risk sentiment, as traders struggle to price in outcomes amid shifting timelines. The extended uncertainty is broadly negative for risk-correlated assets while providing intermittent safe-haven support for the USD, JPY, and CHF. Market participants are increasingly frustrated by the lack of clarity, which is suppressing volatility breakouts and keeping major pairs range-bound. Near-term, the DXY is hovering near recent highs as traders await concrete developments. The prolonged ambiguity could lead to sharp moves once a resolution materializes, and traders should maintain tight risk management given the potential for sudden headline-driven volatility across all major pairs.