Moody’s Downgrades France’s Sovereign Rating, Euro Falls Against US Dollar

Another new downgrade, France rating cut rekindles eurozone fears, Euro falls against dollar after Moody's removes triple-A rating on concerns over level of public debt and lack of competitiveness in labour market

Meanwhile, EasyJet joins in London's mid-cap rally, The mood worsens a little for equity markets after Moody's downgrades France's sovereign rating, leaving London's main indices lower