Impact of the Eurozone Crisis

The ongoing challenges within the Eurozone, particularly in France, raise concerns about the euro's stability. Much of the negative news is already reflected in the euro's current value of 1.05, suggesting a level of pessimism has been factored in. Market analysts believe that while the French government might face difficulties, any potential collapse will not significantly impact the euro, as the government can still function and maintain its agenda. Moreover, there’s an acknowledgment that the Eurozone has displayed resilience in the past, often adapting and bending rules to navigate crises.