Dukascopy Community
Filtered by tags:  Moody's
Avatar

What are the ratings agencies doing?

If any other country was threatening to default in 9 days the ratings agencies would have already issued a downgrade.
At the very least, they should be issuing a negative creditwatch. In June, Fitch affirmed the US with a AAA-rating with a negative outlook. The reason for the negative outlook was uncertainty over prospect for additional deficit-reduction measures, near-term risks associated with expiration of federal appropriations authority and “in particular” timely increase in debt limit.
Read full story
Translate to English Show original
mag avatar
mag 9 Oct.

scare :((

seediee avatar
seediee 9 Oct.

They rated my country as trash, garbage... :( and now I have to live here! :(

tieru999 avatar
tieru999 9 Oct.

Yea their so called "objective ratings" are disputable at best, since they rated now "toxic mortgage packages" with suprising AAA... I stopped even reading their releases (FITCH, MOODYS ... S&P) since 2008.

orto leave comments
Get me back to Dukascopy Connect