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Fitch reaffirms UK rating at AA+

FXStreet (Bali) - Fitch, via Bloomberg, has reaffirmed the UK rating at AA+, with outlook stable.

According to Fitch: "The UK has favourable macroeconomic trends, strong GDP, fiscal deficit remains large compared with peers, UK ratings underpinned by high income. flexible economy."

Asia Recap: Pound boosted by BoE Carney

The Pound was the best performer in Asia, with the US Dollar also making some small progress adjust indicators off oversold territory after being the worst performer on Thursday.
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EUR/USD struggles to stage an upside correction

EUR/USD has rebounded from the pivotal level of 1.3546, but the upside momentum is too weak to get the pair well above 1.3560 resistance.
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