Dollar eases in Asian trade after losses on Wall Street

TOKYO, June 27 (AFP) : The dollar edged down against the yen and the euro in Asian trade on Friday after uninspiring US data and a slide on Wall Street, dealers said.
The greenback was changing hands at 101.37 yen in Tokyo late afternoon trade, down from 101.70 yen in New York Thursday afternoon.
The euro fetched $1.3628 and 138.15 yen against $1.3619 and 138.62 yen.
Fresh data from the Japanese government on Friday, including inflation, had a limited impact on the currency market, he added.
Weakness in the Nikkei futures on the Tokyo stock market is also contributing to the dollar's decline against the yen, a Japanese bank dealer told Dow Jones Newswires.
European and US stocks finished lower after official data showed that consumer spending, which accounts for more than two-thirds of US economic activity, rose a mere 0.2 per cent in May after a flat April.
Core consumer prices-with volatile fresh food stripped out-rose 3.4 per cent year-on-year in May, the internal affairs ministry said Friday.
That was higher than a 3.2 per cent increase in April, but matched market expectations, and gives a boost to Prime Minister Shinzo Abe's stated aim of replacing years of deflation with a more health inflation rate of two per cent.