Euro slides to 17-month low as French debt worries spark contagion fears
The euro hit its lowest level in 17 months after France's worsening fiscal situation unsettled bond markets and raised concerns of a wider eurozone contagion.
Why it matters
The euro's drop signals rising risk in European markets, potentially affecting loans, investments and everyday prices across the region.
In this story
euroFrance debt crisisbond yieldscontagion fearseurozoneGerman bondsmarket volatility
