TOKYO: The dollar took a breather in Asia on Friday after hitting a near two-year high against the euro in New York as the US economy shows further signs of strength.

The single European currency was trading at $1.2749 in Tokyo Friday, up from a low of $1.2697 in US trade, which was its weakest level since November 2012. The euro also fetched at 138.86 yen against 138.62 yen.

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