The market is still cautious about the credit tightening issue, which put the dollar under pressure and encourages carry trades.
One of the biggest credit rating agency, Moody’s Investors Service, said last Friday it is preparing to lower credit ratings on 105 billion of debt since the subprime mortgage financial crisis.
read more:Yen Benefited From Credit Stress
Forex expert advisor signals
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment