> Moody’s: Portugal’s negative outlook most likely to be revised to stable

Moody’s: Portugal’s negative outlook most likely to be revised to stable

Tuesday, 05/07/2011 | 19:24 GMT

Isn’t that a relief… EUR/USD up to 1.4430. Stocks are back to break even…Can’t keep a good S&P down…

Keep in mind, the next shoe to drop, likely tomorrow or the next day, will be downgrades to all the big Portuguese banks…

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