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Share: Fitch Ratings analyst told CNBC on Tuesday that the agency could downgrade several big lenders, including JPMorgan, as reported by Reuters. The financial-heavy Dow Jones Industrial Average opened in negative territory following this headline and was last seen losing 0.6% on a daily basis. Reflecting the poor performance of bank stocks, the
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© Reuters. Investing.com — Most Asian currencies retreated on Thursday, while the dollar rose after stronger-than-expected payrolls data helped overcome concerns over a U.S. rating downgrade by Fitch. Markets remained largely risk-averse after the Fitch move, which kept Asian units under pressure and spurred more safe haven demand for the greenback. Risk-heavy currencies such as
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© Reuters Investing.com – The U.S. dollar slipped lower in volatile European trade Wednesday, as traders digested Fitch’s downgrade of its U.S. sovereign rating as well as relatively strong economic data. At 03:05 ET (07:05 GMT), the , which tracks the greenback against a basket of six other currencies, traded 0.1% lower at 101.983, but
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The EURUSD EUR/USD The EUR/USD is the currency pair encompassing the European Union’s single currency, the euro (symbol €, code EUR), and the dollar of the United States (symbol $, code USD). The pair’s rate indicates how many euros are needed in order to purchase one dollar. For example, when the EUR/USD is trading at
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Crude Oil, WTI, Brent, Fitch, AA+, US Dollar, Treasuries, HSI, Nikkei 225, Gold – Talking Points The crude oil price pressed toward elevated levels as markets recalibrated The Fitch downgrade dominated price action, but the impact has been disparate If the risk-off attitude continues, will WTI face headwinds? Trade Smarter – Sign up for the
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© Reuters. Investing.com — Most Asian currencies fell on Wednesday after Fitch cut the U.S. government’s sovereign rating, although the dollar was little changed, retaining most of its recent gains on strong economic data. Fitch trimmed the U.S.’ rating to AA+ from AAA, citing concerns over stretched fiscal spending in the coming years, as well
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Gold, XAU/USD, US Dollar, DXY Index, Fitch, AA+, Treasury Yields, GVZ – Talking Points The gold price appears directionless despite moves in other markets The Fitch announcement might see pressure on risk assets and haven asset tailwinds If volatility emerges in the gold price, will it help or hinder the precious metal? Recommended by Daniel
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US Dollar, Dow Jones, Fitch US Credit Ratings Downgrade – Market Update: US Dollar, Dow Jones fall after Fitch lowers US credit rating Fiscal deficits, social security, aging population woes outlined Financial markets turn risk-averse heading to Wednesday trade Recommended by Daniel Dubrovsky Get Your Free USD Forecast The US Dollar, Dow Jones, S&P 500