Gold –07.04.2026 – Orbex Forex Trading Blog

The British pound is showing little movement on Wednesday. In the North American session, GBP/USD is trading at 1.2440, up 0.02% on the day. Bailey says UK debt could spiral higher Bank of England Governor testified before the Treasury Select Committee today and warned that the UK needed to address the increase in government debt…

Following Donald Trump’s inauguration, the dollar lost part of this month’s gains on Monday and adjusted to significant support levels. However, there is no clear development of a full-scale downward correction as yet. Most currency pairs remain within their previous sideways corridors, awaiting new directives from the newly inaugurated president. USD/JPY The USD/JPY currency pair…

Euro zone finance ministers recommend Bulgaria adopt euro in 2026 Source link

BofA maintains a EUR/USD outlook of short-term weakness but a medium-term recovery. They do not expect parity, but the pair could drift lower before rallying to 1.10 by year-end—well above consensus. With EUR/USD already at their mid-year forecast of 1.05 ahead of schedule, their broader view remains intact: USD strength persists in Q1, but fades…