Euro falls to 17-month low against dollar amid French debt fears
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The euro dropped to its lowest level against the dollar in 17 months, falling below $1.12 in early Monday trading and sliding about 0.8%, driven by concerns over France's rising debt costs ahead of next year's presidential election and the announcement of a snap election in Spain. France's CAC 40 index fell 1%, while Spain's Ibex 35 rose 0.5%, the FTSE 100 gained 0.2%, and Germany's Dax remained little changed.
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