News Headline Summary

Moody's analyst says no threat to Australia's AAA rating

Says:

- Aussie budget miss won't affect rating.
- AUD acts like a safe haven currency.

Reaction details (19:12)

- AUD/USD unmoved by the comments as this is an analyst repeating the comments from Moody's that were issued last Friday.

11 Nov 2012 - 18:57 - Forex - Source: Newswires

Subscribe Now to RANsquawk

Click here for a 1 week free trial

RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: