Published by Mark Smith-HalvorsenThe euro has fallen in recent trading sessions as forex dealers remain concerned about the ability of the Irish bailout to put an end to the problems facing the currency zone.A move by Standard and Poor's, the ratings agency, to cut Ireland's long-term sovereign rating by two notches during this morning's (November 24th) trading session helped to push the euro lower, Marketwatch reports.The country's short-term rating was also downgraded by one mark, the news provider said.Fear of contagion of Ireland's problems across the Eurozone is also continuing to affect the single currency.German chancellor Angela Merkel said there are still great problems facing the euro and that the risk of further bailouts is "serious", Bloomberg reports.Other eurozone countries, notably Portugal and Spain, are facing difficulties in relation to their debts. Concerns remain that the countries will require outside assistance in dealing with the ongoing problems.For more information on foreign exchange treasury services and risk management, visit our Corporate FX site