What would life be like if we didn’t have the odd rumour now and again. Now I know some of you don’t like rumours, so if you don’t then don’t bloody read this. Talk doing the rounds S&P to downgrade Spain and Italy on the London close and leave France for now. Take it for what you will, but the rumour is out there in the markets. EUR/USD touch lower at 1.3015. (full story)