Tuesday, 10 November 2009

Latest Pound Sterling report - Fitch comment on U.K AAA status - adds to Pounds woes Losses for GBP against USD EUR AUD SEK ZAR CHF NZD HKD CZK JPY

It has come to light that at 5am this morning Fitch - a well recognised credit rating company released comments claiming that the U.K are most at risk to lose their AAA credit rating as things stand.

Should this happen you could see Sterling drop rapidly as it would be seen as extremely negative for the U.K and indeed the Pound hence the fact that rates have dropped away over the course of the morning as markets move on rumour as well as fact.

THIS IS A BRIEF SUMMARY OF TODAY'S REPORT - SHOULD YOU REQUIRE FURTHER INFORMATION PLEASE DO NOT HESITATE TO CONTACT ME EITHER BY EMAILING HERE Email Me - OR CLICKING ON THE BANNER BELOW TO SEE TODAY'S FULL REPORT I will ensure I get back to you as soon as possible to discuss the options available to you. Click here to read the full report on our main website

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Have a great day and thanks for reading!

Daniel Wright

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