US dollar is lower across the board right now, dropping as optimism returns to the market in the form of better economic news. The news is especially encouraging in Europe, where eurozone manufacturing has expanded. Even in the United States, the situation isn’t so bad, with ADP estimating private payrolls up by 170,000.

All of the good news i

The euro rose today, erasing its previous losses, after a report showed that eurozone manufacturing improved this month, easing concerns about the negative impact of the European financial crisis on the region’s economy.

Final eurozone PMI figure was 48.8 in January, near the flash estimate of 48.7 and a solid increase from the December reading of 

(eToro Blog) In the broader Eurozone area, the earlier release of Purchasing Managers’ Indices for January offered investors a few surprises, most welcome but one decidedly not. In the United Kingdom, the Office of National Statistics read for January’s manufacturing PMI was reported higher at 52.1 from a rev

(eToro Blog) Chinese data showed that manufacturing has struggled in January. The Chinese PMI printed at 50.5 in January. This showed that manufacturing activity neither expanded nor contracted in January. Economists expect that Chinese policy makers are unlikely to react as the PMI reading does not show contraction.

The South Korean won fell against the euro today on concerns that problems in Europe crippled economic growth of Asian nations. The currency was also down versus the US dollar, but later rebounded.

South Korean exports unexpectedly fell 6.6 percent on year-over-year basis in January, posting the first decline in two years. Annual consumer price inf

(eToro Blog) A new month opens with a sell-off in the Euro, which hit hard and fast and continues to show signs of retreat. What caused it specifically isn’t clear, though a predominantly bearish sentiment is not unusual given that the underlying factors which created the Eurozone crisis remain. Recently, t

We can pretend as much as we want that our current way of life is sustainable, but that doesn’t make it so. Even while I drive on the highway, I sometimes wonder, “If gas prices go up to $5 per gallon, how many fewer cars are there going to be on the highway?” I cannot speak for all Americans, but I know in the Mid