Crude held losses on supply data

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Source: Forexpros

Futures for crude held losses in U.S. morning trade, after the U.S. government reported that oil supplies gained more than expected. On the NYMEX, July delivery futures for light sweet crude were traded at USD82.89 per barrel, easing 1.3% during European morning trade. While contracts for August lost 1.35%, reaching the level of USD83.22 a barrel.

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Wed, 20 Jun 2012 20:09:02 GMT

EUR/USD edges higher on Fed, Greek fears

The Euro inched higher versus the U.S. Dollar on Wednesday, after Greek announcement about coalition formation, while investors eyed Fed's meetings. EUR/USD peaked at 1.2723 in U.S. morning trade, and later consolidated at 1.2702, inching 0.13%. The pair's support was likely to be found at 1.2567, while resistance was prone to be at 1.2746.

Wed, 20 Jun 2012 19:47:02 GMT

Cable held gains on Greece, Fed

The British Pound held gains versus the U.S. Dollar, after the leader of Greek pro-bailout party announced that they managed to form a coalition, while traders were focused on Federal Reserve meeting outcomes. GBP/USD peaked at 1.5778, which was one-month high, and consolidated at 1.5741, gaining 0.10% in the U.S. morning trading session.

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