Money in Motion

Euro Slips, Dollar Lifts, Rating Agencies Fret About Europe

The euro zone agreement underwhelms and the Australian trade surplus slips — it's time for your FX Fix.

The euro fell on worries about implementing changes in the euro zone. [CNBC]

Concerns about Europe pushed the dollar higher. [marketwatch.com]

Standard & Poor's said the euro zone might need another financial crisis to get it moving toward real reform. [Reuters]

Moody's, underwhelmed by the euro zone's planned changes, still plans to review sovereign credits there. [CNBC]

Australia's monthly trade surplus narrowed on weaker commodity demand from China, and the Australian dollar slipped. [smh.com.au]

The British pound moved lower on talk that Standard & Poor's might lower ratings on 15 euro zone countries, but then rebounded. [RTT]

---------------------------------

MULTI CURRENCIES VS. THE DOLLAR

Tune In: CNBC's "Money in Motion Currency Trading" airs on Fridays at 5:30pm and repeats on Saturdays at 7pm.

Learn more: The essential vocabulary for currency trading is on Key Currency Terms. Top strategies are broken down for you in Currency Class.       

               Talk back: Tell us what you want to hear about at moneyinmotion@cnbc.com.