New Overnight Developments Abroad - Daily Update
Yellen Confirmed by Senate
January 7, 2014
The senate approved the nomination of Janet Yellen as the next Fed Chairperson by a comparatively underwhelming 56-26 margin. Many Republicans opposed the choice on principle, and there were several absentees caused by America’s deep freeze that stymied traveling. The dollar rose overnight by 0.5% against the Australian dollar, 0.4% relative to the loonie, 0.3% […] More
