The dollar weakened in Asia Thursday after new US data gave a cautious view of the world’s largest economy while markets awaited a speech by the US central bank chief for signs of fresh stimulus. The greenback dipped to 78.62 yen against 78.70 yen in New York trade late Wednesday, while it also weakened against the euro with the common currency buying $1.2534 from $1.2526 in US trade. The euro bought 98.54 yen in Tokyo, from 98.61 yen in New York. The US dollar won an initial boost after second-quarter US economic growth figures were revised upward to 1.7 percent from 1.5 percent on Wednesday, while pending home sales data for July also came in strong.
