A Deluge of Downgrades!

While there was little to cheer about UK retail sales data released yesterday, the situation in Europe was relatively calm, following successful Spanish bond auctions and better-than-expected manufacturing activity across the Eurozone. However, as we come to the end of this week, the fear of a possible mass ratings downgrade of Eurozone economies still looms large with six of the world’s largest banks having already been downgraded by Fitch. We expect the session to be relatively quiet, with a positive bias towards the high yield currencies.

Company Details

A Deluge of Downgrades!

Get a quick quote

Open Account with GCEN

GCEN are located at:
GCEN The Old Barn, Oasts Business Village, Red Hill, Wateringbury, Maidstone, Kent, ME18 5NN, United Kingdom

Get a Quick Quote

Newsletter Signup to CMT

Sign up to our foreign exchange newsletter to receive news updates directly by email

Compare Money Transfer will not spam you!

Click to Watch the Latest Videos on CMT

Compare Money Transfer Testimonial

Compare Currency Exchange News

All Rights Reserved: Copyright 2006 - 2017 Compare Money Transfer Limited offering FCA Regulated Suppliers - 34 New House, 67-68 Hatton Garden, London, EC1N 8JY. +44 (0) 843 357 4882 - Email us