As it was informed by "Market Leader (US)"
Moody’s Investors Service downgrades Japan’s credit rating: consequences for Japan and its national currency
On August 24th Moody’s downgraded Japan’s credit rating down to Аа3 (one level down). Later the rating agency cut the ratings of Japan’s 3 leading banks.
What are the consequences?
According to the experts of Masterforex-V Academy, first of all the rating cut affected Japanese-T-bonds, thus making them riskier assets. Though the forecast remained “stable” as the Japanese securities are popular among investors.