Euro eases against dollar, yen in Asia

Euro eases against dollar, yen in Asia

The euro eased against major currencies in Asian trade Tuesday as investors monitored events in Europe, dealers said.

The euro bought $1.3015 and 100.20 yen in early Asian trade, easing from $1.3027 and 100.31 yen in New York late Monday. The dollar was at 77.00 yen, almost flat from 76.99 yen.

The euro was well supported against the greenback overnight amid reported progress in Greek debt talks and traders continuing to cover short positions in the European currency.

But investors remained cautious about the outlook of the European debt crisis.

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