NEW YORK, Oct 5 : The euro stumbled to a 17-month low against the dollar on Monday as concerns about France's ability to tame its budget deficit and a sharp bond market selloff last week boosted fears of a potential sovereign debt crisis in the euro zone, while US economic data showed inflation pressures.Fren

NEW YORK, Oct 5 : The euro stumbled to a 17-month low against the dollar on Monday as concerns about France's ability to tame its budget deficit and a sharp bond market selloff last week boosted fears of a potential sovereign debt crisis in the euro zone, while US economic data showed inflation pressures.Fren

NEW YORK: The euro slid Monday (Oct 5) to its lowest level against the dollar in 17 months on worries about France's high debt and deficits, which have sent its government bond yields soaring.But equities traded broadly higher despite the pressure of elevated bond yields, with the Nasdaq hitting

NEW YORK: The euro slid Monday (Oct 5) to its lowest level against the dollar in 17 months on worries about France's high debt and deficits, which have sent its government bond yields soaring.But equities traded broadly higher despite the pressure of elevated bond yields, with the Nasdaq hitting

NEW YORK, Oct 5 : The euro slumped to a 17-month low against the dollar on Monday as concerns about France's ability to rein in its budget deficit and a sharp bond market selloff last week elevated fears of a potential sovereign debt crisis in the euro zone, while US economic data showed inflation pressures.F

The euro has stumbled to a 17-month low against the US dollar on concern about France's ability to bring its public finances in order.  The currency has fallen nearly 7% from its peak in late January.…