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Pound slips as Moody’s downgrades the UK — Forex Stock Trade




Pound slips as Moody’s downgrades the UK





© Reuters. Pound slips as Moody’s downgrades the UK

  • The pound slipped against the dollar as Moody’s downgraded the UK’s credit rating of Aa2 downgraded.
  • The company has dragged its ratings and stable outlook after the downgrade.
  • Moody’s sees a growth of 1% this year, and do not expect the growth to recover to historical trends, «in the coming years.»
  • British pound sterling, the quote just under $1.36/pound this morning, has dropped quickly to $1.3456.
  • ETFs: FXB, EWU, GBB, DBUK, FKU, DXPS, HEWU, QGBR
  • Now read: Keep An eye On Europe For The Next Big movement In the markets

Original Article



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