RTRS: US dollar at 2009 low, supporting commodities
The U.S. dollar fell to a 2009 low on Friday as fears intensified that the
United States could lose its triple-A rating, supporting dollar-priced
commodities and boosting resource related shares.
The dollar's latest decline started when ratings agency Standard & Poor's
cut its ratings outlook on Britain to negative from stable, stoking fears other
AAA-rated countries which are running huge debt levels could share a similar
fate.
Moody's Investor Service said on Thursday it was comfortable with its
triple-A sovereign rating on the United States but that it was not guaranteed
forever.
