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.
I am truly thankful to the holder of this web site who
has shared this wonderful article at at this time.
Hi! Do you use Twitter? I’d like to follow you if that would be ok.
I’m undoubtedly enjoying your blog and look forward to new posts.
Dr Malik recommends using a remedy comprising Vitamin A (that retinol is derived) from
age 30 onwards: this can help promote collagen amounts along with skin turnover.” Certainly Labs’
non-fried serum could be the many non-irritating model we attempted and is dramatically cheaper than many retinol goods
out there, also.
Greetings! I know this is kinda off topic nevertheless I’d figured I’d ask.
Would you be interested in exchanging links or maybe guest
writing a blog article or vice-versa? My site goes over a lot of the same
subjects as yours and I think we could greatly benefit from each other.
If you happen to be interested feel free to send me an e-mail.
I look forward to hearing from you! Excellent blog by the way!
I pay a visit daily a few websites and websites to read articles or reviews, except this weblog gives feature based content.
I’m extremely inspired together with your writing talents and also with the format to your blog.
Is this a paid subject matter or did you customize it your self?
Either way stay up the excellent quality writing, it’s uncommon to peer a nice weblog like this one today..
Greetings from Idaho! I’m bored to tears at work so I decided to browse your site on my iphone during
lunch break. I enjoy the information you present here and can’t wait
to take a look when I get home. I’m shocked at how quick your blog loaded on my cell phone ..
I’m not even using WIFI, just 3G .. Anyhow, awesome site!
Last year, I shared another dish for a cheesecake that I have actually had excellent outcomes with that consists of a crust.
Make specific portion-size mini cheesecakes in their very own glass or aluminum foil cups
for easier freezing, thawing as well as offering.
I think what you published was actually very logical.
But, think about this, suppose you added a little
content? I ain’t saying your content isn’t good., but suppose you added a
title to possibly grab people’s attention? I mean Dollar At Highest Since January Versus Euro,
Nearing $1.32 | Forex Trading Market is kinda boring.
You ought to glance at Yahoo’s front page and watch how they write post titles to get people interested.
You might add a video or a picture or two to grab people excited about everything’ve got to say.
Just my opinion, it might make your blog a little livelier.
What’s up Dear, are you genuinely visiting this site daily,
if so afterward you will without doubt get nice know-how.
Hi there, all the time i used to check website
posts here early in the morning, because i like to gain knowledge
of more and more.
I have been browsing online more than 4 hours today, yet I never found
any interesting article like yours. It is pretty worth enough for
me. In my view, if all webmasters and bloggers made good content as
you did, the internet will be much more useful
than ever before.
I constantly emailed this webpage post page to all my
associates, as if like to read it next my links will too.
Does your website have a contact page? I’m having problems locating it but, I’d like to
shoot you an email. I’ve got some recommendations for your blog
you might be interested in hearing. Either way,
great website and I look forward to seeing it expand over time.
You should try your betta on a little bit of everything to see which
type of food suits him best. Because cats always
scratches, give them something to scratch their nails on. USE SELF SELECTION OF ESSENTIAL OILS with your animals which means to include them in the selection process of the essential oils to use.
I was able to find good advice from your content.
An impressive share! I have just forwarded this onto
a colleague who was conducting a little homework on this.
And he in fact bought me dinner due to the fact that I stumbled upon it for him…
lol. So allow me to reword this…. Thank YOU for
the meal!! But yeah, thanx for spending time to discuss this matter
here on your web site.