Forex News Fitch Downgrades 5 Japanese banks

Written January 26, 2009 at 1:57 PM EST by  
  • Fitch downgrades five banks
  • Reviews 56 Japanese regional banks
  • Revises ratings on 17 banks to negative from stable.

The news should pressure the Yen as the currency has been a safe haven currency as a result of relative bank health. 

No Responses to “Forex News Fitch Downgrades 5 Japanese banks”

Add a comment