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Credit rating agency Fitch warnings of consequences to US government shutdown - UOB

Analysts at UOB explained concerns over the possible risk of US government shutdown in late Sep, 

Key Quotes:

"Credit rating agency Fitch warned that any failure by the US to raise the federal debt ceiling in a timely manner would have potentially negative consequences for US sovereign rating." 

"Fitch currently rates the US at AAA, equivalent to Moody’s Aaa. However, S&P rates the US at AA+, with an underweight."

EUR/USD hovering around 1.1800 ahead of Jackson Hole

EUR/USD remains steady ahead of Draghi and Yellen presentations tomorrow in Jackson Hole. The pair rose marginally on a quiet American...
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EUR/JPY: catching a bid in a drift ahead of the Jackson Hole speeches tomorrow

Currently, EUR/JPY is trading at 129.20, up 0.36% on the day, having posted a daily high at 129.33 and low at 128.54. EUR/JPY, despite Wall street st
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