Early trade in New York: dollar off versus yen, euro

The dollar eased against the yen and the euro on Thursday, snapping a two-day climb, as investors looked for a new trigger to spark another rise after recent gains on higher US Treasury yields. The dollar was down 0.5 percent against the yen at 83.22 yen, having reached 84.17 in early trade.
The euro also recovered slightly against the dollar after failing to break below $1.30, but analysts saw the recovery as temporary. The euro rose 0.4 percent against the greenback to $1.3079 after touching a one-month low of $1.3002. The euro hit a session low of 1.2064 francs before paring losses to trade around 1.2069 francs, down 0.5 percent on the day. The dollar also fell, touching a low of 0.9220 francs before last trading at 0.9222.