S&P upgrades Cyprus rating to CCC+ from selective default

Standards and Poors' has upgraded the Cyprus sovereign debt rating from selective default to CCC+ according to a press release published Wednesday by the firm.
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NZD/USD testing session highs

The kiwi dollar is taking advantage of the renewed weakness surrounding the greenback, pushing the NZD/USD to test intraday highs in the boundaries of 0.7800 the figure...
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