Fitch downgrades UK to AA+ from AAA; Outlook stable

FXstreet.com (San Francisco) - Fitch downgrades UK to AA+ from AAA; Oulook stable.

Developing story.

Apr 19, 2013

Forex Flash: AUD/USD retracement in the cards – Westpac

The AUD/USDs major moving averages have converged in recent weeks, with spot paying little attention to these levels. Shorter-term, support looks to lie around 1.0260 then 1.0225, the 76.4% retracement of the 1.0115 – 1.0583 March-April range (intraday levels).

Forex: GBP/USD extends losses after Fitch downgrade

The British pound accelerated losses against the greenback after Fitch agency downgraded UK long-term rating to AA+ from AAA with stable outlook.