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BAC Bank of America: Fitch reports BofA enhances global franchise with Merrill Buy; IDR affirmed at 'AA-' (

Bank of America Corporation's completed acquisition of Merrill Lynch enhances the bank's already global presence in capital markets activities, inv[...] read more »
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Exacerbating the Crisis: The Power of Rating Agencies

The power of the three big US rating agencies, Moody's, Fitch and Standard & Poor's, remains unbroken. By awarding high ratings to junk securities,[...] read more »
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Fitch Cuts Hungary’s Rating, Greece May Follow; Euro Down

The euro dropped today after the Fitch Ratings agency downgraded the credit rating of Hungary and warned about the possible reduction of Greece’s rat[...] read more »
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Fitch Confirms U.S 'AAA' Credit Rating, Dollar Firm Against Yen

The U.S dollar is trading firmly today against the majors, after Fitch confirmed the U.S credit rating at ‘AAA’. Some currency analysts are viewing t[...] read more »
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New Zealand Dollar Falls on S&P and Fitch Downgrades — Forex News

The New Zealand dollar fell today, reaching the lowest level vs. the US currency in almost 6 months, following the sovereign credit rating downgrades[...] read more »
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Euro to Face Fears of Contagion as Fitch Cuts Spain’s Credit Rating

The Euro pared Friday’s rally as Fitch cut its AAA credit rating for Spain, and fears surrounding the European debt crisis could weigh on the single-[...] read more »
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Polish Zloty Falls on European Debt & Fitch Statement

The Polish zloty tumbled today on the increasing concerns about the European sovereign-debt and as the Fitch Ratings requested the country to decreas[...] read more »
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Pound Gains as Britain May Keep Its Rating, Raise Interest Rates

The Great Britain pound posted the impressive gains today after Fitch Ratings said that the UK should keep its top credit rating and as the talks abo[...] read more »
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Good Week for Euro Spoiled by Credit Rating Cuts

The euro erased its gains versus most major currencies today as Fitch Rating downgraded credit ratings of Italy and Spain, reminding traders that the[...] read more »
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Daily Outlook – ECB and BOE Rate Announcement Today

U.S. Dollar Trading (USD) risk was taken off the table on Tuesday with the EUR/USD falling to 16 month lows on rumors that France was going to receiv[...] read more »
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Rand Goes Lower as Fitch Changes Outlook to Negative

The South African rand was down today as Fitch Ratings changed outlook for South Africa’s sovereign credit rating to negative, reducing attractivenes[...] read more »
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WTO Warns, Gold Rises, IMF Talks, UK Loses Credibility

The World Trade Organisation predicts unemployment across industrialised nations will increase for at least one more year, possibly two. The WTO fore[...] read more »
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SPX 500 - Wednesday 02-22-12

The SPX 500 is down about 2 points from yesterday’s close on the S&P 500 as of 7:30am EST. read more »
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Video: Ohio Files Suit Against Credit Agencies

The attorney general of Ohio filed a lawsuit against Standard and Poor's, Moody's Corp. and Fitch Inc. The AG alleges that the agencies inflated ra[...] read more »
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SPX 500 - Tuesday 05-22-12

The SPX 500 sits about 4 points higher than Mondays close on the S&P 500 (as of 8:35am ET). Risk appears to be on for read more »
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