UFXMarkets *Weekly Forex Currency Trading News* 15-January-2012
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- For more currency & commodity news & info, visit http://ufx.co/UFXM-youtube... Last week France and Austria's credit ratings were cut to AA+ from AAA as Standard & Poor's rating agency warned that efforts to stem the European debt crisis are still falling short. Finland, the Netherlands and Luxembourg retained AAA ratings, although they were put on negative watch. Spain and Italy's credit ratings were among the nine nations that were downgraded, while Germany retains a stable AAA ratings grade.
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