Greece rating News keep pouring in euro smell of knees

positive market for Greece will be possible to restructure its debts, or even made to exit the eurozone concerns on an application when ratings agency standard and poor's (Standard& Poor"s) once again Greece sovereign rating opened the knife. Downgrade messages out, EUR/USD continued declines, briefly fell to a 1.4254 level of a three-week low points. However, the biaopu downgrade may be just a "prelude". As the other rating agencies also began looking to Greece debt problem, when the market will likely usher in a wave of more influential "climax".

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Monday (May 9) New York period , Near the EUR/USD fundamental is 1.43 shocks, lower currency 4th consecutive trading day, tragic collapse of the market has been extended to 3rd day.

increases the possibility of debt restructuring biaopu the first to shake out of demoted a sword

international rating agency standard and poor's announced on Monday, as Greece is gradually increasing the possibility of restructuring debt, the country's long-term sovereign rating from "BB-"-level downward to "b" level, its short-term sovereign rating from "b"-level downward to "c" level, rated prospect to maintain negative.

biaopu also said, is expected to take a decision on negative watch list in the next 3 months. If discounts possibility of debts rise, Greece rating may be lowered further. But if the eurozone partners from commercial creditors of responsibility-sharing obligations, while extending the repayment period, Greece rating may be stabilising.

demoted to biaopu initiative, Greece finance believes that biaopu our cut Greece revised rating on the Government's debt rating from the Agency just over a month. In the meantime, Greece does not appear in a new negative news or decision, so biaopu this downgrade decision is unreasonable.

finance, credit rating decisions should be based on objective data, policy makers release announcement and the economic reality of the situation assessment, rather than market rumours and media reports. If such a decision only based on rumors, its effectiveness is questionable. Finance believes that the demote moves were biaopu about the recent private sector creditors holding Greece shortly after government bonds will be forced to suffer loss of response to market speculation.

WINS euro ambition also scooped

made in respect of the biaopu cut Greece rating decided not to after a few hours, two other rating agencies Fitch (FitchRatings) and Moody's (Moody"s) seems to have also shifted targets Greece debt.

a Germany media published reports on Monday said, Fitch was planning to Greece's sovereignty be lowered further, from the current "BB+" down to "b" or "B-", but the article doesn't indicate that the message source. Shortly after the publication of the report, released Fitch said in a statement, the institution given Greece "BB+" rating Outlook is negative, comment on market speculation, not.

analysts believe that although Fitch did not make significant substantive initiatives like a biaopu, however, the Agency for Greece sovereign rating of negative views have already been accounted for in the pricing of the market.

terms of stance than the Fitch Moody's was more radical, the Agency said, which continue to Greece rating places may be lower in the watch list. If concluded Greece reorganization of debt face greater risks, may be Greece rating downgraded a few grade difference.

, Moody's also said that if Greece debt/GDP ratio is the future trend of unsustainable, then Greece may seek to adjust their debt terms of power. Moody's also forecast, Greece in 2012 to return to further reduce the possibility of the financial markets.

Canada Imperial Bank of commerce world markets (CIBC WorldMarkets) Exchange analysis, JeremyStretch said, "Greece debt problem as is the slow movement of a car accident. Policy makers know they must find an effective solution, but to face the Greece debt crisis. "

Nomura (Nomura) analyst Sean Maloney said neighboring countries still have many problems remain to be solved in the eurozone, the euro/dollar will continue to maintain the pace of staggering.

Investec Bank (Investec) Chief Economist Philip Shaw said that "about Greece debt problem of the final conclusion is still a doubt, this uncertainty will likely continue until the end of June. Meanwhile, the market for Greece problem also remain sceptical, even if the EU has taken a bold initiative, Greece debt situation will continue to be unsustainable. ”

< P> 02:10 ', EUR/USD 1.4341/47.