Euro edges down in Asia trade

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The euro edged down in Asian trade on Tuesday as markets largely shrugged off a eurozone finance ministers’ deal to bail out debt-riddled Spain. The common currency was changing hands at $1.2293 in Tokyo morning trade against $1.2312 in New York late Monday. Against the Japanese currency, the euro bought 97.76 yen from 97.95 yen in US trade the previous day, while the dollar was also weaker at 79.52 yen from 79.56 yen.