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Ratings Warning Undermines Sterling

Discussion in 'Fundamental Analysis' started by ActionForex.com, May 21, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    The underlying UK economic and debt vulnerability has been illustrated by the Standard & Poor's warning that the AAA credit rating is at risk of a downgrade. This rating is extremely important given the need for government bond sales of GBP200bn this year. The degree of global risk appetite will...

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