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GMR Solutions Inc. (GMRS) Q2 earnings: How key metrics compare to Wall Street estimates
GMR Solutions Inc. (GMRS) reported $1.49 billion in revenue for the quarter ended June 2026, representing no change year over year. EPS of -$1.84 for the same period compares to $0 a year ago.
United Kingdom Goods Trade Balance registered at £-23.007B, below expectations (£-20.5B) in June
United Kingdom Total Business Investment (QoQ) came in at 1.7%, above forecasts (-0.5%) in 2Q
United Kingdom Gross Domestic Product (YoY) above expectations (1.1%) in 2Q: Actual (1.2%)
Indian Rupee ticks lower as US Dollar trades firmly
The Indian Rupee (INR) opens on a cautious note against the US Dollar (USD) on Thursday due to overnight gains in the latter. The USD/INR pair edges up to near 95.35 after a corrective move the previous day, as fears of a prolonged global energy supply disruption have strengthened the US Dollar.
Gold weakens further below $4,400 as USD sticks to gains amid Fed bets, Iran tensions
Gold (XAU/USD) extends its intraday retracement slide from the highest level since June 5, around the $4,450 area touched earlier this Thursday, and slides further below the $4,400 mark heading into the European session.
UK Preliminary GDP grows by 0.4% QoQ in Q2, as expected
The UK economy expanded at a quarterly rate of 0.4% in the three months to June 2026, following a 0.6% growth in the first quarter (Q1). The data came in line with the market forecast.
USD/CHF Price Forecast: Bearish flag forms as bulls eye 0.8200
The USD/CHF edges higher by some 0.30% on Wednesday, refreshing ten-day highs of 0.8138, as the uptrend is poised to extend if it clears key resistance levels.
Chinese Yuan: Range trade and upside risk against US Dollar – UOB
UOB’s Quek Ser Leang and Lee Sue Ann note that USD/CNH has been confined to a tight range and expect the Dollar to trade between 6.7430 and 6.7530 in the near term.
Forex Today: US Dollar firms ahead of a packed session
The US Dollar (USD) has extended its recovery on Wednesday following a Consumer Price Index (CPI) report that printed in line with forecasts. The US Dollar Index (DXY) has pushed back above the 100.00 mark, and the bid has broadened out against most majors heading into a data-heavy Thursday.
Gold has priced a Fed pause. The hike is still coming
July inflation landed exactly where the consensus had it, on all four lines of the release, and Gold responded by adding around 1% and holding fast near $4,400/ounce, trading at its highest since early June. A print that surprises nobody is not supposed to move a metal that far.
Silver Price Forecast: XAG turns bullish, eyes 200-day SMA
Silver (XAG/USD) price surges over 1.40% on Wednesday as the latest inflation report in the United States (US) showed that prices are cooling, on its way towards the Federal Reserve’s (Fed) goal of 2%. At the time of writing, the XAG/USD pair trades at $65.53 after reaching a daily high of $66.80.
Gold price shines above $4,400 as inflation dip fuels Fed relief
Gold price (XAU/USD) registers gains of over 1% on Wednesday as US inflation data aligns with estimates, easing the Federal Reserve’s (Fed) task of further tightening monetary policy. The Consumer Price Index (CPI) continues its downward trajectory.
Japanese Yen stumbles as US Dollar strengthens
USD/JPY is back around the mid-159.00s area, testing the day's highs after rebounding sharply from a low around the 158.60 level.
Ethereum Price Forecast: Fidelity plans to add staking to ETH ETF amid yield debate
Asset manager Fidelity has filed with the US Securities and Exchange Commission (SEC) to permit staking in its Ethereum (ETH) exchange-traded fund (ETF), the Fidelity Ethereum Fund (FETH), which holds over $898 million in net assets.
EUR/USD Price Forecast: Fading bullish momentum puts focus on 1.1500 support
EUR/USD edges lower on Wednesday, reversing earlier gains as the US Dollar (USD) shrugs off in-line US Consumer Price Index (CPI) data. At the time of writing, the pair trades around 1.1521 after touching an intraday high of 1.1563.
Pound Sterling Price News and Forecast: GBP/USD holds near 1.3500 as CPI relief meets Hormuz risk
The Pound Sterling (GBP) holds firm within familiar levels on Wednesday after the US inflation report was in line with estimates, a relief for the Federal Reserve (Fed), which is laser-focused on tackling higher prices. The GBP/USD pair trades at around 1.3500 after reaching a high of 1.3546.
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