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Republican gains push dollar to seven-year high versus yen
reuters.com ^ | Wed Nov 5, 2014 8:36am EST | Marc Jones

Posted on 11/05/2014 6:40:53 AM PST by BenLurkin

Republicans rode a wave of voter discontent to secure control of the U.S. Senate and strengthen their grip on the House of Representatives in a punishing blow to President Barack Obama that will limit his power in his last two years in office.

Financial markets saw the election results as a cause for optimism. Similar situations in the past have often sparked U.S. stock market rallies.

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy
KEYWORDS: dollar

1 posted on 11/05/2014 6:40:53 AM PST by BenLurkin
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