Dow Jones: Moody's executive comfortable with New Zealand's AAA rating

FXstreet.com (Barcelona) - In contrast with the headlines seen just minutes ago, in which Moody’s Vice President was cited in an interview as saying there had been discussions to cut NZ’s AAA rating, now is DJ crossing the wires with the following headline "Moody's Executive Says Comfortable With New Zealand's AAA Rating."

Oct 30, 2013

NZD/USD hit by Moody's headline

NZD/USD is being sold-off along Asian hours, following a headline by Moody’s Vice President hess, who said there had been discussions to cut NZ’s AAA rating.

Asia Recap: USD consolidates gains, Moody's threatens NZ AAA rating

There were little events to report today, with the USD holding onto Tuesday's gains, after a failed half-hearted attempt to expand further up in a rather tepid Asian session.