Early trade in New York: Euro remains near 11-month low versus dollar

Concerns the eurozone debt crisis will damage global growth kept the euro near 11-month lows on Monday, while the safe-haven dollar got support from an uncertain climate after the death of North Korean leader Kim Jong-il. The euro was down about 0.1 percent at $1.3025 versus the dollar, within a cent of the 11-month low touched last week.
The common currency was also under pressure against the Swiss franc, down 0.1 percent at 1.2195 francs after breaking below support at the 200-day simple moving average. The Swiss National Bank left its cap on the franc unchanged at 1.20 francs last week. The dollar was flat against the franc but gained 0.1 percent against the yen to 77.87 yen. The Australian dollar was last down 0.3 percent at $0.9943 while the New Zealand dollar was little changed at $0.76044.