Dollar Drops, Kiwis Fall
By: 
Worries about the debt ceiling derail the dollar, and kiwis fall after trade data disappoints - it's time for your daily FX Fix.
The dollar is sinking on worries about debt-ceiling gridlock, breaching a key level against the Swiss franc. [CNBC]
Japan may be getting ready to intervene to stem the yen's rise, some investors think. [CNBC]
The kiwi slipped after New Zealand's trade surplus fell more than expected. [marketwatch.com]
The British pound hit a two-week low against the euro as investors anticipated a weak GDP report. [Reuters]
The debt impasse in the U.S. is good news for the Malaysian ringgit and the Singapore dollar. [businessrecorder.com]
CURRENCY FUTURES:
Tune In: CNBC's "Money in Motion Currency Trading" airs on Fridays at 5:30pm.
"Money in Motion Currency Trading" repeats on Saturdays at 7pm.
