The Euro extends gains versus the U.S. Dollar

Source: Forexpros

The Euro continued gaining against the Greenback, after disappointing economic data in the U.S., however, gains seemed to be fragile amid concerns about the deepening Eurozone crisis. EUR/USD peaked at 1.2667, gaining 0.47% in the U.S. afternoon trade. The pair's support was likely to be at 1.2441, and resistance may be at 1.2667.


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Fri, 15 Jun 2012 06:29:26 GMT

Honda output in North America surges 67%

Honda Motors has increased its production at North American factories, reaching the fastest expansion pace in the region. Honda is attempting to regain market share it lost during disasters at its supplies in 2011. In the first five months of 2012 Honda produced in total 748,217 vehicles in US, Mexico and Canada. In comparison Toyota experienced 64% growth for the respective period.

Thu, 14 Jun 2012 20:21:46 GMT

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