The US-based global rating agency, Moody’s Investors Service, revised down their outlook on the German banking system, with the key highlights found below. “The creditworthiness of German banks is set to decline.” “Deposits are proving to be costly for German banks.” “German banks’ profitability to weaken in a low-interest rate environment.” EUR/USD continues to trade around a flat line near 1.1075, as the shared currency shruggs-off the above report and awaits the ECB minutes amid looming trade uncertainty. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next GBP/USD enjoys two significant support lines and eyes higher levels “” Confluence Detector FX Street 3 years The US-based global rating agency, Moody's Investors Service, revised down their outlook on the German banking system, with the key highlights found below. "The creditworthiness of German banks is set to decline." "Deposits are proving to be costly for German banks." "German banks' profitability to weaken in a low-interest rate environment." EUR/USD continues to trade around a flat line near 1.1075, as the shared currency shruggs-off the above report and awaits the ECB minutes amid looming trade uncertainty. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
