16 April | Dollar

Scope warns of possible US credit rating downgrade

Scope warns of possible US credit rating downgrade

European rating agency Scope warned of a possible US credit rating downgrade, pointing to risks that could undermine confidence in the dollar. These risks stem from the protracted trade conflict and concerns about US measures, such as capital controls, getting even more extreme under President Trump. As evidence, the agency cited a recent sharp decline in the American dollar and market expectations of a downgrade in the country's credit rating.

The agency emphasized America's current creditworthiness vulnerability to its own trade policies. According to Scope experts, it could be negatively impacted if further government measures continue to strengthen currencies alternative to the dollar.

Scope's current rating for the US is “AA,” below other major agencies' assessments. Factors such as stronger trade tensions between the EU and China and increased investment in the eurozone could further undermine the dollar's position. While these changes are gradual, Scope also warns that countries with financial ties to the States could face a potential impact on their own credit ratings.

Elena Berseneva MarketCheese
Period: 19.05.2025 Expectation: 1000 pips
AUDUSD bounces off 0.635 support level toward 5-month high
Today at 09:38 AM 2
Period: 22.05.2025 Expectation: 89500 pips
BTCUSD correction wave forms sell signal targeting 93,700
Today at 08:47 AM 7
Period: 20.05.2025 Expectation: 4065 pips
Optimism for Tesla is limited by weak sales and competition
Today at 05:07 AM 7
Period: 16.05.2025 Expectation: 700 pips
Silver prices started to rebound toward 33.6
Yesterday at 11:15 AM 38
Period: 13.05.2025 Expectation: 900 pips
USDJPY seen retreating to 145.00
Yesterday at 09:38 AM 20
Period: 18.05.2025 Expectation: 3085 pips
Trading optimism and technical signal reinforce S&P 500's upside outlook
Yesterday at 08:18 AM 39
Elena_Dorokhina
Elena_Dorokhina

Listed among the best MarketCheese authors
1st in the segment "Currencies"
Go to forecasts