The dollar continued to hammer the slumping euro on Monday, supported by a better-than-expecting reading on U.S. manufacturing and concerns that Greece is on the verge of default.
Greece, which needs 8 billion euro from its neighbors to make its next payment, admitted that it will miss its 2011-12 deficit targets set by the EU and International Monetary Fund as part of the country’s bailout.
It is feared that Europe’s banking system may be threatened if Greece restructures its debt. European officials have worked feverishly in the past few weeks to buy time to put in place a plan to stave off a wider crisis.
The dollar jumped to $1.3230 versus the euro, its highest since early January. The buck is up more than 12 cents compared to late August.
The buck rose to a weekly high of $1.5460 versus the sterling, edging near a yearly high of $1.5327.
Early gains helped the dollar stay near its yearly highs above C$1.05 versus its Canadian counterpart.
Activity in the U.S. manufacturing sector expanded for the 26th consecutive month in September, according to a report released by the Institute for Supply Management on Monday, with the pace of growth unexpectedly accelerating compared to the previous month. The ISM said its manufacturing index rose to 51.6 in September from 50.6 in August.
German manufacturing activity reached a two-year low in September, but the Purchasing Managers’ Index stayed slightly above the flash estimate, final data published by Markit Economics showed. The seasonally adjusted Markit/BME PMI fell to 50.3 in September from 50.9 in August. The PMI was below its long-run average, but stayed above the flash estimate of 50.
France’s manufacturing industry contracted less than earlier estimated in September. The seasonally adjusted PMI for the manufacturing sector came in at 48.2 in September, higher than 47.3 previously estimated. In August, the reading was 49.1.
Eurozone factory activity decline in September was less severe than expected, final results of a survey by Markit Economics showed. The final reading of the PMI for the manufacturing sector was a 25-month low of 48.5, a tad above the flash estimate of 48.4. In August, the score was 49.
bfxBxQ You have made some good points there. I looked on the internet to learn more about the issue and found most individuals will go along with your views on this site.
IDpgfc This blog is no doubt cool and also informative. I have found a bunch of interesting stuff out of this blog. I ad love to visit it again and again. Thanks!
Thanks on your marvelous posting! I definitely enjoyed reading it, you may
be a great author.I will make sure to bookmark your blog
and may come back very soon. I want to encourage one to continue
your great writing, have a nice afternoon!
Peculiar article, totally what I wanted to find.
Thank you for the auspicious writeup. It in fact was a amusement account it.
Look advanced to far added agreeable from you! However, how can we
communicate?
This is my first time go to see at here and
i am actually pleassant to read all at single place.
Hiya very cool website!! Guy .. Beautiful ..
Superb .. I’ll bookmark your site and take the feeds additionally?
I am happy to find so many useful info right here in the submit,
we want develop extra strategies in this regard, thank you for sharing.
. . . . .
ヒアロモイスチャーが、今、美容サイトなどで大人の女性に話題になってます。
アラフォー世代になるとお肌の水分維持に大切なヒアルロン酸は、どんどん減少してしまいます。
なので、健康補助食品で補給してあげる必要がありますが、それを不精して補給しないままでいると、肌の水分量が減り続けて乾燥が進み、お肌のハリや艶、弾力が失われて硬くなってしまうんです。
美しい皮膚の基本は皮膚のうるおいです。
ヒアロモイスチャー２４０は、お肌の水分に必須です。
ここだけの話ですがヒアモイをドライアイや腰などの関節痛の予防に愛用してる人もいたりします。
参考に私のサイトにもきて下さい。
Cool article it is certainly useful.
great publish, very informative. I ponder why the other
experts of this sector do not notice this.
You must continue your writing. I am confident, you have a great readers’ base already!