According to senior Fitch director.
EUR/USD slips back to 1.2775 on the headline.
Talk of some trailing sell stops now through 1.2760.
UPDATE: Stops duly tripped accelerating sell-off. We’re presently down at 1.2738.
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Fitch: Two-notch downgrade of Italy is an option
Fitch: Two-notch downgrade of Italy is an option
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