Euro falls on debt woes, dollar up against yen

Euro falls on debt woes, dollar up against yen

The euro fell against the dollar in Asia on Wednesday amid worries over Europe's debt woes while the greenback hit a 15-week high against the yen after the Bank of Japan's surprise credit easing.

The euro slipped to $1.3113 in Tokyo morning trade from $1.3134 late Tuesday in New York after eurozone finance ministers delayed a decision on a new Greek bailout.

The dollar rose to 78.67 yen at one point - its highest level since November 1 - from 78.44 yen late Tuesday in New York before easing slightly to sit at 78.48 yen. The euro was flat at 103.02 yen.

The European ministers postponed a planned meeting in Brussels set for Wednesday after Athens failed to meet conditions set by lenders in return for a rescue package it desperately needs to avoid default.

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