Just today afternoon we watch the S&P, Reuters and Dow Jones news agencies have several of the euro zone countries except Germany face an imminent downgrade which is no surprise as we should not forget that just this past month the S&P warned publicly that it could downgrade the credit rating of more than one euro zone nations in case that European leaders fail to solve their unending debt crisis at a meeting of EU leaders that took place that same month, which accordingly sent the euro to a session low versus the dollar and pulled down the European share.