CNBC: Euro tumbles as French government crisis grows

鈥淭he common currency is coming under pressure as French political dysfunction worsens and intra-euro spreads widen, but it is important to note that European yields are broadly moving lower - French rates are simply falling by less than their counterparts,鈥 said Karl Schamotta, chief market strategist at in Toronto. 鈥淭his is not a repeat of the euro crisis, just a reflection of France鈥檚 growing economic challenges.鈥