US Federal Debt Ceiling: Moody’s Downgrade Shows How to Trade It

The US Debt Ceiling represents a key risk to financial markets, but what does it mean for currencies and how can we trade it? Legislative deadlock threatens to place the US Treasury in a form of default as a key deadline approaches.

See Full Article

Source: Daily FX

S&P warns of US downgrade
WASHINGTON - The United States' second debt downgrade warning in two days jacked up the stakes Thursday for the country's financial stability as politicians battled over how to cut the deficit.
Bahrain central bank governor rebuts Moody’s downgrade
Bahrain’s central bank governor has rebutted concerns expressed by ratings agency Moody’s Investors Service about Bahrain’s financial sector, stressing that the country’s retail banks have seen...
Moody's may downgrade Bank of America, Citi, Wells Fargo
The banks are considered by investors to be too big to fail after receiving government aid in 2008 to bolster the financial system.
OSK downgrades Proton's earnings forecast
KUALA LUMPUR, May 26 (Bernama) -- OSK Research has downgraded Proton Holdings Bhd's earnings forecast for the next financial year by 21 per cent on the 50 per cent and 18 per cent cut in export volume...
BRIEF-Moody's reviews ratings of selected UK finanial institutions for possible downgrade
May 24 (Reuters) - UK financial institutions: Moody's reviews ratings of selected UK financialinstitutions for possible downgrade.
Dagong Downgrades The UK From AA- To A+, Outlook "Negative"
With everyone trading the GBP in the overnight session eagerly awaiting the leaked Moody's report that the rating agency, which has yet to be at least 2 years behind the curve, is set to downgrade "more...
Moody's may downgrade 14 UK financial companies
LONDON (Reuters) - Credit rating agency Moody's said it may cut its rating on 14 British financial groups, including Lloyds and Royal Bank of Scotland, following a reassessment of the level of systemic...