Moody's warns on the U.K.: "Slower growth combined with weaker-than-expected fiscal...

|By:, SA News Editor
Moody's warns on the U.K.: "Slower growth combined with weaker-than-expected fiscal consolidation could cause the U.K.'s debt metrics to deteriorate to a point that would be inconsistent with a AAA rating." Sterling slips on the news before bouncing a bit. FXB -0.5%.