Fitch could upgrade Ireland – Danske Bank

FXStreet (Edinburgh) - Chief Analyst Arne Rasmussen at Danske Bank sees the possibility of agency Fitch to upgrade Ireland today.

Key Quotes

“In our view Fitch will upgrade Ireland’s sovereign credit rating with one notch to A- from BBB+ in connection with its review of Ireland today on the back of the improving outlook for public finances, stronger growth and a more resilient banking sector”.

“This will bring Fitch’s rating in line with Standard & Poor’s but one notch above Moody’s”.