Multiplex Index: Dirty Jobs Edition

Have you heard? The U.S. unemployment rate jumped to 9.5% in June, thanks to a more-than-anticipated cut in jobs during the month.

It's the news of the day, and just about everything in the markets was affected by it in some way.

Not to be left out, the dollar strengthened on the data against most currencies, as investors took shelter under the relative stability of the greenback and away from the uneasy news. Meanwhile, the yen, another safe haven, tracked higher against the dollar.

PowerShares DB US Dollar Index Bullish ( UUP) was up 0.5%, while PowerShares DB US Dollar Index Bearish ( UDN) was losing 0.7% by the afternoon.

CurrencyShares British Pound Sterling ( FXB) and CurrencyShares Euro ( FXE) were each slipping 0.4% and 0.9%, respectively.

CurrencyShares Japanese Yen ( FXY) was seeing a 0.9% rise.

On the Multiplex Index front, a three-horse race on weakening currencies against the dollar is making Madrid the place to be today.

Though a quick swing in to London to buy a movie ticket could be justified, it's not just the euro's steeper ticket slide that makes Spain our destination of choice. You'll get to see Transformers: La Venganza De Los Caidos, which, frankly, is much more fun to say in Spanish than in English anyways.
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