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Moody's downgrades Slovenia to Ba1, outlook negative

FXstreet.com (Córdoba) - Moody's Investors Service decided on Tuesday to downgrade Slovenia's government bond rating to Ba1 from Baa2. The outlook remains negative.

The decision to downgrade Slovenia's sovereign rating was driven by 3 key factors, according to Moody's, which are: the state of Slovenia's banking sector, the marked deterioration of Slovenia's government balance sheet and uncertain funding prospects that heighten the probability that external assistance will be needed.

Forex: USD/CAD bounces from 2 ½-month low

The US dollar suffered in the wake of disappointing US Chicago PMI data, which fell to its lowest since September 2009. Meanwhile, the loonie benefited from strong domestic data and against this backdrop, USD/CAD slumped to an 11-week low.
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US markets trading mixed, dollar bounces off lows

The Dow is posting marginal losses on Tuesday, retreating 0.03% after investors digested the US data and earnings reports, contrasting with the advances of both the S&P500 and the Nasdaq, up 0.10%...
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