Bipartisan deal boosts markets, USD

FXstreet.com (Edinburgh) - Senate Majority Leader H.Reid showed himself quite happy and somehow proud of the deal reached with the House Republican in order to raise the debt ceiling and re-open the 16-day shutdown. Despite the deal would be announced later, markets keep pushing higher along with the greenback. The controversial Texas Republican Senator ‘Ted’ Cruz extended its plethora of arguments against the deal, although he finally recognized he will not interfere with today’s decision.

GBP/JPY has dropped sharply, just knee jerk?

GBP/JPY has found support ahead of 157.20 as the US dollar gets a boost, crippling sterling. But is this sharp move simply a knee jerk reaction?
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Flash: Fitch and the AAA conundrum - Societe Generale

Sebastien Galy, strategist at Societe Generale said “I was asked by the Canadian press to comment on the statement from Fitch last night”
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