Moody's upgrades Portugal and affirms Italy's Ratings

<p>Rating actions from Moody's noted, some positive news for these euro countries:</p><ul><li>
Moody's upgrades Portugal's ratings to A3 and changes Outlook to
Stable</li><li>Moody's affirms
Italy's Ratings At Baa3, and changes the Outlook to Stable from Negative</li></ul><p>

Meanwhile DBRS Morningstar has confirmed the UK At AA, with a stable trend.</p><p>(The above are all weekend news, not breaking)</p>

This article was written by Eamonn Sheridan at www.forexlive.com.