The euro is in a kind of currency market limbo right now, looking for direction after the latest economic data for the eurozone.
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There is no major data on the docket for the pound, so sterling is at the mercy of data and announcements from everywhere else.
While we’ve long since left the most recent recession behind, the reality is that many of us are still looking for indications that the economy is truly on the track to a full recovery.
It offers a look at how consumer prices might really be impacted if companies like Walmart paid its employees enough that they don’t have to be on food stamps.
There is talk that the minimum wage will increase to $15 for servers in Washington. Would you stop tipping servers if they made as much as you?
Americans are struggling financially. Wages are stagnant, consumer spending is down, decent jobs are hard to find, and gas and food prices are up and, no, it is not the 1970s.
Commodity currencies are still clinging to gains, even after a bit of a pull back following yesterday’s commodity-fueled run. Canadian dollar is one of those that remains mostly higher against its major counterparts, logging gains against the US dollar.