US Dollar&apanese Yen
US stock markets firstly opened higher this morning, but investors could not get rid of the news that Fitch lowered Russia’s credit rating to triple-B, just 2 steps above junk grade, whilst extremely unsatisfactory earnings from Time Warner and Kraft Foods assisted lead the DJIA down 1.51 % by the end of the day whilst flight to quality and deleveraging brought the US dollar and Japanese yen elevated. US economic data was combined as ISM non-manufacturing, a weigh of business conditions in the trade, services, and finance sectors, went up a little to 42.9 in January from a revised 40.1.
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