Spain Keeps Its Rating, Euro Lifts

Spain avoids a cut and the British go to work - it's time for your FX Fix.

The euro hit a one-month high against the dollar after Moody's affirmed Spain 's investment grade credit rating. [CNBC]

Hopes for a Spanish bailout boosted risk appetite and lifted the Australian and New Zealand dollars. []

U.K. unemployment fell below 8%, and the British pound got a lift. []

With the Presidential candidates arguing over China policy, the yuan hit a new high against the dollar. [CNBC]

Germany reduced its growth forecast for 2013, to 1% from 1.6%, dimming the outlook for the largest economy in the euro zone. [WSJ]

Iraq 's central bank chief was suspended amid a fraud investigation into alleged currency manipulation. [FT]





4true3DXC1:$ INDEX FUT::::future#UROC1:EUR FUT::::future#JYC1:JPY FUT::::future#BPC1:GBP FUT::::future#CDC1:CAD FUT::::future#

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