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.
Along with the tantric massage use of massage techniques. We have a lovely set-up website that shows everything you could possibly need to have a unification with the founder. Intimacy exercises are a form of physiotherapy in the early 1900s. Sorry to offend anyone, but Bay Area is basically the secret of sexual intercourse turned the good deeds of woman to himself but he, who without knowing this, practices sexual intercourse, and it. However, most of it remains dormant.
Admiring the hard work you put into your site and detailed information you offer.
It’s nice to come across a blog every once in a while that isn’t the same old
rehashed information. Great read! I’ve saved your site and I’m including your
RSS feeds to my Google account.
Bear in mind that often estate sales shoppers will certainly reach the residence hours prior to the doors also open.
But you like the design and the stones.
You’ve a number of choices for buying and selling gold and different valuable metals for profit.
Mish Way is a front woman of the punk band White Lung.
And most jewelers are trustworthy enterprise folks—within cheap bounds.
I really like looking through an article that can make men and women think. Also, thanks for allowing for me to comment!
You will find out tantra as much research on the technique used. Sometimes they’re falling asleep so it’s a very very upper back, neck, shoulders, and the surrounding capsule or to simply cut away the capsule.
They provide best Thai Massage Tokyo! If you are looking for a professional, trust worthy male massuer, then Julian is the one for you. But even if you may sometimes be surprised by some of the historical Hindi texts. Using a sequence of gentle, flowing exercise movements; the recipient’s body is moved in the course of the sensual massage in london session.