Euro Plummets to 17-Month Low Amid French Debt Fears
The euro has reached its lowest point in 17 months, dropping to $1.1160, as concerns over French fiscal issues intensify. French borrowing costs have surged to their highest level since 2002, sparking fears of contagion across the Eurozone. Market analysts attribute this decline to worries that none of the candidates in France's upcoming election are willing to address spending issues.7 sourcesSee all sources
