BLBG:Euro Extends Drop Versus Swiss Franc as French Second-Quarter GDP Stalls
The euro extended declines against the Swiss franc after a report showed French economic growth stalled in the second quarter from the previous three months.
The 17-nation currency weakened 0.8 percent to 1.07528 francs as of 6:48 a.m. in London.
French growth was forecast to increase 0.3 percent in the period, according to the median of 15 analysts surveyed by Bloomberg News.
To contact the reporter on this story: Paul Dobson in London at pdobson2@bloomberg.net
To contact the editor responsible for this story: Daniel Tilles at dtilles@bloomberg.net
