This morning the euro is under pressure after Moody’s downgraded Portugal’s credit and the rating of seven Hungarian banks. At the same time S&P analysts have stated that a rapid cut in Belgium’s sovereign debt pile is all but impossible due to the current political stalemate.
The reaction has been relatively muted though with Moody’s mostly formalising analysis already out there in the forex markets. The EUR/USD is down 0.14%, though the EUR/CHF is weaker, down 0.23%.
Elsewhere in the spread betting markets, the AUD/USD is down 0.30% after the RBA elected to keep rates on hold at 4.75%. In addi
Tags: Portugal
Saturday 9th April is the date when the attention of the sporting world will turn to Aintree and the running of the 2011 John Smith’s Grand National. As always, this year’s race is expected to draw in many amateur punters who have an annual flutter on the big race, and rather than pick a name at random, this article will look at some of the best prospects for the race who are currently at attractive Grand National odds.