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Fitch affirms Norway at AAA, outlook stable

FXstreet.com (Córdoba) - Fitch Ratings affirmed Norway's long-term rating at 'AAA' on Friday, with stable outlook.

Fitch cited Norway's high-value-added economy and robust institutional framework. The agency also added that the sovereign's strong balance sheet provides it with ample flexibility to deal with adverse shocks and an ageing population.

USD/CHF backs away from 11-day high

USD/CHF climbed to its highest level in 11 days during the American session, supported by broad greenback strength.
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EUR/USD finds support at 1.3100

The Euro's decline against the US dollar seems to have found support at the 1.3100 key level with the pair bouncing back to price around 1.3150.
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