US ratings and agency out with a post-Article 50 Reuters interview 30 March
- no surprises from Brexit launch but tone of May's speech was on the conciliatory side
Ok guys , tell us something we didn't get ourselves from all the noise.
Moritz Kraemer, S&P's chief of sovereign ratings, said May's speech was largely as expected and there had been "no surprises", though her tone was "more conciliatory than it could have been".
"The (EU) governments know that they have to hold the (Brexit) discussions in good faith"
GBPUSD 1.2417 after a test of 1.2400. Decent bids as per the order board holding for the moment though.
EURGBP back to 0.8646 from 0.8656.. Seems like 30-60 covers it for the moment.
Following the Brexit vote last year S&P cut the UK's AAA rating by two notches, the first time such a cut had been made on a major economy.
