The euro remained weak in Asia on Thursday with investors seeking refuge in the safe-haven yen as anti-austerity protests in Spain and Greece raised fresh concerns over the eurozone debt crisis. The euro bought $1.2877 and 100.00 in Tokyo morning trade, compared with $1.2870 and 100.04 yen late Wednesday in New York where the common currency lost ground amid risk aversion. The dollar changed hands at 77.66 yen against 77.70 yen in US trade. The euro was weak but traders seemed reluctant to sell the currency aggressively against the yen amid lingering expectations that Spain will formally request a bailout, said a senior dealer at a Japanese bank.
