TOKYO: The euro fell in Asian trade on Thursday as investors grew concerned over a deal to provide much-needed bailout cash to Greece, while the Australian dollar surged on strong jobs data.
The European unit bought $1.3021 and 102.06 yen in Tokyo morning trade Thursday, compared with $1.3065 and 102.47 yen in New York late Wednesday.
The dollar traded at 78.38 yen against 78.43 in New York.
The euro will likely stay under pressure unless there is further progress on a second bailout and private debt restructuring for Greece, said Sumino Kamei, senior analyst at the Bank of Tokyo-Mitsubishi UFJ. (AFP)
The European unit bought $1.3021 and 102.06 yen in Tokyo morning trade Thursday, compared with $1.3065 and 102.47 yen in New York late Wednesday.
The dollar traded at 78.38 yen against 78.43 in New York.
The euro will likely stay under pressure unless there is further progress on a second bailout and private debt restructuring for Greece, said Sumino Kamei, senior analyst at the Bank of Tokyo-Mitsubishi UFJ. (AFP)