Multiplex Index: Return of the Risk Appetite

On the whole, the dollar has been losing some steam against most the currencies, as some hopeful economic signals are sending investors shifting into stocks and higher yields.

This morning, the U.S. Labor Department said first-time filers of unemployment benefit claims plummeted to 565,000 last week. This marks the lowest figure since January.

On Wednesday, Alcoa(AA) kicked off the earnings season, reporting a better-than-expected loss.

The Dollar Index(DXY)was down 0.8% in the late morning.

PowerShares DB US Dollar Index Bearish(UDN) was up 0.9%, while CurrencyShares Euro(FXE) was up 1.1%.

Turning to the Multiplex Index today shows that all of the foreign currencies made gains on the dollar since our last update. Still, a trip to Singapore probably won't hurt the pocketbook as much as the others.

And if watching Matthew McConaughey try to woo Jennifer Garner in The Ghosts of Girlfriends Past on the cheap doesn't appeal to you (it really shouldn't), you can always take a flier instead. Better yet, take the Singapore Flyer. Known as the world's biggest observation Ferris wheel, it can hold up to 784 people and takes 30 minutes to make a full revolution.

What, you didn't know we offer tourism advice too (on top of currency news and movie advice)? Well, we do.

With that, here's the index today, reflecting ticket price changes since yesterday...

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