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S&P upgrades Spain to BBB+, outlook stable

FXStreet (Córdoba) - Standard & Poor’s agency upgraded Spain’s sovereign rating to BBB+ from BBB, with a stable outlook.

*S&P projects 4% GDP growth for Spain over the next few years.

*S&P says if Catalonia were no longer part of Spain would weaken Spain creditworthiness.

USD/CHF trims losses after falling to 2-week lows

USD/CHF weakened sharply after the release of the US NFP report and tumbled. It managed to stabilize above 0.9640 and rose during the last two hours trimming losses.
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EUR/GBP rockets to meet heavy supply, testing 0.74 handle

EUR/GBP is currently trading at 0.7408 with a high of 0.7442 and a low of 0.7349.
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