Moody’s: US triple-A rating safe unless government unable to bring debt back to downward trajectory

Comments from Moody’s have been hitting the wires. The rating agency says US triple-A rating is safe unless government unable to bring debt back to downward trajectory. They also say that another rating risk is if the dollar is challenged as the main reserve currency.

The comments have helped pressure the dollar, with EUR/USD up at 1.3890, cable back up at 1.6320.