Entries Categorized as 'ratings downgrade'

Will U.S. be Next to Receive Credit Warning?

Date May 21, 2009

The biggest story in the currency market this morning is news that Standard and Poor’s has put the U.K.’s Sovereign Debt rating on negative credit watch. This means that the U.K. now has a 1 in 3 chance of losing its prized AAA rating. I have written an extensive article on what this [...]