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2 Dec 2014
FXStreet: Markets unfazed by Japanese downgrade, eyes on ECB ahead - Tip TV
FXStreet (Barcelona) - The Tip TV team and Craig Drake of FXStreet discuss about the current hot topic in the FX market - Japanese rating downgrade and the ECB’s meet ahead.
Key Quotes
“With a light day of macro data, markets remain focussed on policy announcements later in the week from the ECB and the BoE as well as US jobs numbers. Notable yesterday was the muted reaction to the Moody’s decision to downgrade Japan’s sovereign debt rating, essentially telling people little that they didn’t already know.”
Key Quotes
“With a light day of macro data, markets remain focussed on policy announcements later in the week from the ECB and the BoE as well as US jobs numbers. Notable yesterday was the muted reaction to the Moody’s decision to downgrade Japan’s sovereign debt rating, essentially telling people little that they didn’t already know.”