The Euro higher on Moody's rating

On Wednesday, the Euro was traded higher versus the U.S. counterpart, as Spain avoided a downgrade in its credit rating by Moody's.The 17-nation currency edged 0.56% higher versus the greenback, reaching the level of $1.3126. Earlier in the day, the Euro hit a session high of $1.3133 and a session low of $1.3053.