Forex focus: ratings downgrades ‘like a scene from a horror film’ – Telegraph.co.uk

January 17, 2012 by stanh  
Filed under FX News


Telegraph.co.uk
Forex focus: ratings downgrades 'like a scene from a horror film'
Telegraph.co.uk
By Liz Phillips The reaction has been muted so far, partly because the bad news was well telegraphed in advance, so that it was already priced into the euro's exchange rate. It was widely expected that France would lose its top rating and it's been
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