S&P: US ‘Aa+/A-1+’ sovereign ratings affirmed; outlook remains stable

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Global rating agency S&P crossed wires via Reuters during late Thursday, amid concerns about the health of the US financial markets. The major rating agency initially confirmed the US ‘Aa+/A-1+’ sovereign ratings before unveiling the stable outlook.

The news adds to the list of recent catalysts that favored risk-on mood. However, the immediate reaction to the headlines appears muted.

Also read: Forex Today: Unexpected consolidation, DXY drops as risk sentiment improves

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