Yen Drops as S&P Cuts Japan's Credit Rating; Egypt's Pound Falls on Unrest
The yen slid against all of its major counterparts after Japan’s credit rating was lowered for the first time in nine years by Standard & Poor’s.
Franc Strength Leaves Ski Resorts Bracing for Slump as Davos Crowds Gather
The Swiss franc’s ascent leaves the country’s ski resorts bracing themselves for the worst season in almost a decade as leaders gather in Davos for the World Economic Forum.
Japan's Debt Rating Lowered to AA- by Standard & Poor's; Outlook Is Stable
Japan’s credit rating was cut for the first time in nine years by Standard & Poor’s as persistent deflation and political gridlock undermine efforts to reduce a 943 trillion yen ($11 trillion) debt burden .
Canadian Dollar Gains Versus Greenback as Stocks and Copper Increase
Canada’s dollar gained against its U.S. counterpart for a second day as stocks rose and copper climbed on speculation near-zero U.S. interest rates will buoy demand for industrial metals.
The yen slid against all of its major counterparts after Japan’s credit rating was lowered for the first time in nine years by Standard & Poor’s.
Franc Strength Leaves Ski Resorts Bracing for Slump as Davos Crowds Gather
The Swiss franc’s ascent leaves the country’s ski resorts bracing themselves for the worst season in almost a decade as leaders gather in Davos for the World Economic Forum.
Japan's Debt Rating Lowered to AA- by Standard & Poor's; Outlook Is Stable
Japan’s credit rating was cut for the first time in nine years by Standard & Poor’s as persistent deflation and political gridlock undermine efforts to reduce a 943 trillion yen ($11 trillion) debt burden .
Canadian Dollar Gains Versus Greenback as Stocks and Copper Increase
Canada’s dollar gained against its U.S. counterpart for a second day as stocks rose and copper climbed on speculation near-zero U.S. interest rates will buoy demand for industrial metals.
Swiss Franc Weakens Versus Dollar After Fed Affirms Asset-Purchase Program
