EUR

Re moody's talking of downgrade to US credit rating I am pretty sure I read a coupla days ago they were referring 2 years ahead. The effects of the tax gift 2 years ahead. They said they were unlikely to downgrade for 2 years unless they changed their mind since.

This is fact and nothing new not a word about downgrade
"Last week, Moody's and Fitch Ratings both expressed concerns about the U.S.'s rating longer term "

Thanks, catnip.

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Royal Bank of Canada lost its Moodys triple A credit rating, leaving its smaller rival Toronto-Dominion as the only Canadian bank, and one of less than half a dozen worldwide, that still enjoys the blue-ribbon ranking.

In lowering the rating to Aa1 on Monday, Moodys said the move had been prompted by the banks growing international capital markets business which potentially exposes bondholders to increased earnings volatility and poses significant risk challenges.

This is the text
"Moody's warned Monday that it could move a step closer to cutting the U.S. Aaa rating if President Barack Obama's tax and unemployment benefit package becomes law."