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Filtrowane przez tagi:  Credit Rating
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Aussie into holidays on its lows

Australia kept triple A credit rating this week, according to all there major agencies. That didn't prevent Aussie from falling further, though the momentum has waned noticeably ahead of the holidays.
The pair is finding some support near 61.8% retracement of the December 2015 - April 2016 upswing, the long-term trendline zone, drawn off of 2001, 2008 and 2016 lows, and the May 2016 low. 0.7250 is the initial resistance.
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Fitch warns US to behave in future

On the 15th October Fitch put the US on rating watch over the shutdown/budget debacle but has today issued a strong warning that the US needs to buck its ideas up. A repeat of the debt ceiling crisis would not be a good signal to keep the triple A rating and they must take more steps to reduce the deficit and debt burden, they said.
Fitch will decide on the US rating in March 2014.
"Nothing is pre-determined, but that wouldn’t be a good signal if we have that kind of outcome again,” Said Fitch …
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mag avatar
mag 4 Lis

save the date.

Serguei avatar
Serguei 3 Gru

It seems the credit rating agencies have too much to say these days. It's up to the fixed-income fund managers to decide on the creditworthiness of institutions or governments. A credit rating agency does a great job of influencing the market's perception, not the opinion. Basically, what I am trying to say, is that as with other types of trading, you need to align your positioning with that of the market at large. Being too smart may leave one exposed to unpredictable outbursts of the emotional crowd that the traders are. You have no option but to follow the pack leaders or protagonists.

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