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Fitch: US 'AAA' rating at risk if debt ceiling not raised

The US-based ratings agency, Fitch ratings, posted its latest review report on the US sovereign credit rating, in light of the latest concerns over the debt ceiling.

Key Points:

Fitch reiterated that prioritizing payments may not be compatible with a Triple-A rating

And, a government shutdown would not have a direct impact on the AAA rating but would "highlight how political divisions pose challenges to the budgetary process"

USD/JPY grinding higher to 109.20 in the Tokyo session

Currently, USD/JPY is trading at 109.03, down -0.01% on the day, having posted a daily high at 109.07 and low at 108.85. USD/JPY is currently making
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PBOC sets the Yuan reference rate at 6.6525

People's Bank of China set the Yuan reference rate at 6.6525 vs. Wednesday's fix of 6.6633
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