The Turkish lira was a bit soft today even as Moody’s Investor Service increased Turkey’s credit rating, making nation’s assets more appealing to investors.
Moody’s — News Archive
UK Pound Drops vs. Euro on Credit Downgrade
February 25th, 2013 at 15:32
UK pound saw a bit of a drop today in response to the recent downgrade for Britain’s credit rating. however, the loss of its triple-A rating hasn’t weighed too heavily on the pound, even though it has had an effect.
CAD/JPY Drops as Moody’s Downgrades Canadian Banks, Rebounds
January 29th, 2013 at 2:40
The Canadian dollar fell against the Japanese yen today after Moody’s Investor Service cut credit ratings of several Canadian banks. Later, the loonie erased losses. The currency gained versus the US dollar and the euro.
Rupee’s Appeal for Investors Increases
November 30th, 2012 at 11:15
The Indian rupee strengthened today amid foreign inflows into the nation’s economy and the positive outlook of investors that increased attractiveness of Indian assets.
Sterling Gains vs. Euro as Talks About Greek Aid Fail
November 21st, 2012 at 10:12
The Great Britain pound advanced against the euro today after talks among European Union finance ministers failed, increasing the appeal of the sterling as a refuge from the European crisis. The currency remained weak versus the US dollar.
Loonie Pulls Back after Earlier Gains
November 20th, 2012 at 14:13
Loonie is slightly lower right now, following earlier gains. Earlier, the prospect of a better situation in Europe, as well as fiscal cliff talks in the United States, helped boost risk appetite. Additionally, the Canadian dollar received some support from the news that the International Monetary Fund is thinking about adding the loonie to its list of reserve currencies.
Slacking Global Growth Makes NZ Dollar Less Appealing
October 23rd, 2012 at 21:57
The New Zealand dropped today as worries that global economic growth is slacking deterred Forex market participants from riskier currencies. The kiwi reached the lowest level in more than a month against the US dollar.
Euro Falls as Moody’s Cuts Spanish Regions
October 23rd, 2012 at 13:27
The euro retreated today as Moody’s Investor Service downgraded credit ratings of several Spanish regions. The news added to tensions caused by uncertainty about the bailout for the indebted nation.
Euro Strengthens on Good News Out of the Eurozone
October 17th, 2012 at 13:44
Euro is finding strength today, heading higher as the news out of the eurozone improves. News about Greece and Spain is helping the 17-nation currency against most of its counterparts.
Stress Test of Spanish Banks Leads to Rebound of Euro
October 01st, 2012 at 11:22
The euro climbed today as the results of Spanish banks’ stress test were better than expected, improving the outlook for the economy of the eurozone and its currency.
