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Moodys’s will review Portugal today – Danske Bank

FXStreet (Edinburgh) - Allan von Mehren, Chief Analyst at Danske Bank, does not expect any further upgrade of Portugal today.

Key Quotes

“Portugal is up for a potential review by Moody’s tonight and while an upgrade would be a pleasant surprise, we do not expect it”.

“Portugal has already been upgraded twice this year by Moody’s”.

“We expect Portugal to regain its first investment grade rating next month when Fitch has Portugal up for review on 10 October”.

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