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Feb 11, 2014
Fed's Yellen: US recovery accelerating but unemployment still too high
The new Fed Chair Janet Yellen said in her first semi-annual testimony on monetary policy and the economic outlook to the US Congress that the situation on the labor market had improved but that the economic recovery still had a long way to go.
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Feb 11, 2014
GBP/USD slightly bid; Yellen takes the seat
GBP/USD spiked up to 1.6473 the high before meeting conservative supply on the way back to the mid point of the handle. Yellen’s Semiannual Monetary Policy Report to the Congress was published and now she speaks.
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