Top
New York  London  GMT  Tokyo  Sydney 

Fitch says United States vulnerable to interest rate shocks

By   || March 9, 2010 at 09:56 GMT
|| 2 comments || Add comment

Share the love.

  • Spain’s fiscal adjustment programme a plus factor for the country
  • Portugal’s gradual approach to fiscal consolidation to 2013 is a concern
  • Short-term outlook for Greece probably OK, longer-term outlook more open to question
  • Possible to have a sovereign default in the euro zone

EUR/USD sits at 1.3585,  1.3570/85 zone of sovereign buy interest so far just about holding, session low 1.3578.

Elsewhere cable up at 1.4970 aforementioned sovereign buying below 1.4950 having stemmed the bleeding for now.

Share and Enjoy:
  • RSS
  • Facebook
  • Twitter
  • LinkedIn
  • email
  • Print
  • Add to favorites
  • del.icio.us
  • Digg
  • NewsVine
  • StumbleUpon

Add a comment

2 Responses to “Fitch says United States vulnerable to interest rate shocks”

  1. Tajul Akbar Bin Ismail on March 9th, 2010 11:05 GMT

    EURUSD support @ 1.3550, Fitch warning on European ratings pressured the EUR … 1.3530 next target if selling continues into the North American open

  2. Fitch: US Vulnerable To Interest Rate Shocks, UK In Desperate Need Of Spending Cuts | The Civic Beacon- Musings on Politics, Finance, Media, Culture, Celebrity, Gossip, Michael Reinstein, AtCost.com on March 9th, 2010 12:57 GMT

    [...] credit ratings agency is out with some fresh comments, according to ForexLive, warning to the biggies — the US and the UK — that they’re not out of the [...]

Bottom