Moody’s downgrades China’s rating to A1 from Aa3, changes outlook to Stable from Negative

Ratings agency Moody’s has downgraded China’s long-term local currency and foreign currency issuer ratings to A1 from Aa3 and changed the outlook to S
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USD/JPY: bulls run out of steam and price drops below key 111.80 support

 Currently, USD/JPY is trading at 111.76, down -0.01% on the day, having posted a daily high at 112.01 and low at 111.73. Forex today: DXY gallops on
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