The euro slid sharply on Monday to a 17-month low as fiscal worries in France in the wake of a steep bond market rout stoked contagion fears in the region, helping the dollar shrug off soft US jobs data that dented near-term rate hike expectations. The euro sank to as low as $1.1161 in Asian hours, its weakest level since May 2025, after four straight weekly declines, weighed down by France's debt levels and concerns about political gridlock ahead of next year's election.