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Moody Announcement Puts the Focus Back on the US
There is currently a dizzying array of risk in the system which is making focus complicated and anything but short term positioning difficult. USD came under heavy fire yesterday as Moody’s placed the US’s cherished AAA rating on review for a possible downgrade. Safe-haven trades and commodity traders were the biggest gainers, with the USDCHF dropping to 0.8183. The rating agency cited that the... ...More...
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