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Video Recap: Moody’s and Fitch Issue Warnings on UK and Euro

posted by Avatar FXTimes 703 days ago in EUR, GBP, Sentiment made popular 703 days ago

The Pound slid overnight as Moody’s said UK banks could suffer further write downs and Fitch warned that the UK sovereign credit profile deteriorated. The Euro was pressured by Fitch’s warnings on Portugal and Greece, and with commodities and equities down the greenback and Yen strengthened. Commodity currencies did however get a bounce in the NY m
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