| Honda changes dollar assumption to Y87 from Y90 (at Reuters) Honda Motor Co said on Friday it now expects the dollar to average 87 yen and the euro 112 yen in the business year to March 2011, changing its assumptions from 90 yen and 120 yen, respectively. us.rd.yahoo.com |
German growth pushes eurozone GDP up 1% (at Financial Times) Germany on Friday reasserted itself as the economic growth engine of the eurozone, after gross domestic product expanded at a stellar 2.2 per cent rate in the second quarter compared with the previous three months. us.rd.yahoo.com |
Euro hit by renewed banking concerns [at Financial Times] - The euro retreated from a five-month high against the dollar on renewed concerns about the eurozone banking sector. us.rd.yahoo.com |
South Korea steers banks from forex lending South Korean regulators have asked banks to refrain from foreign currency lending in the latest move by Seoul officials edgy about rising cross-border capital flows and the strengthening won. us.rd.yahoo.com |
Currencies: Dollar pare losses after U.S. jobless claims The dollar pares losses after a U.S. report shedding light on unemployment. Treasury Secretary Geithner's published remarks that major global currencies are now "roughly in alignment" also are a foreign-exchange trading catalyst. us.rd.yahoo.com |