In reverse - European stocks and the euro retreat after Monday's rally

It was a short lived surge. The euro is trading lower, reversing the gains it had made yesterday on news of the massive rescue fund agreed by European leaders. IT was SUPPOSED to appease the markets' fears of default by Greece and other indebted countries. Here in Germany, the government is meeting today to approve its hefty contribution to the rescue package -- following a pounding Sunday by voters in regional elections in North Rhine Westphalia, who say they're tired of being asked to ante up.