The Australian dollar jumped today as Asian stocks advanced and nation’s manufacturing expanded, increasing attractiveness of Australia’s currency.

The Manufacturing Index of Australian Industry Group rose from 47.8 to 50.2 in December. A value above 50.0 indicates expansion and Australia’s manufacturing expanded last month for the first time since

The US dollar dropped today as expanding manufacturing in the United States and China damped demand for the greenback as a safe haven. The dollar reached the lowest level in more than a month against the yen.

China’s Purchasing Managers’ Index increased from 49.0 to 50.3 in December, according to the report of the China Federation of Logistics

(eToro Blog) Just a short while ago, Markit Economics reported that the PMI index for the United Kingdom’s manufacturing sector rose to 49.6 in December, an unexpected improvement from November’s upwardly revised 47.7 reading and which beat the consensus call of a decline to 47.3. While as with other indices, a reading of 50.0 separates con

(eToro Blog) Even as the new year starts afresh, the Eurozone’s relentless debt worries continue to plague its leadership. It was announced that the heads of Germany and France will meet once again early next week to discuss and hammer out details for the new Eurozone budgetary rules that would enforce stricter discipline among its members. The a

(eToro Blog) The Australian manufacturing industry showed strong growth towards the end of 2011 as reported by the Australian Industry Group manufacturing index. The manufacturing index rose 2.4 points to 50.2 in December, finishing the year better than expected. A reading above 50 indicates expansion in activity.

The strongest expansion was in

Will 2012 be a repeat of 2011 for the stock market? There is a fair chance that it could be.

With the tremendous volatility and uncertainty in the stock market in 2011, the stock market ended flat for the year. Bloomberg Businessweek: “The Standard & Poor’s 500 index closed 2011 a fraction of a point below where it started the year.” Even so, in

Aussie is trading rangebound today, for the most part, with low volumes. Right now, Aussie is seeing some support from an improvement in gold prices, but other uncertainties have currencies floundering, looking for direction.

Additionally, with equity markets in the United States and in Great Britain closed today, thin trading is providing little h