The euro eased against the dollar in Asia on Thursday as mixed Australian jobs data rekindled risk aversion despite hopes the IMF would raise more money to help fight the European debt crisis.
The euro edged down to $1.2849 and 98.59 yen in Tokyo morning trade from $1.2862 and 98.78 yen in New York late Wednesday.
The dollar traded at 76.73 yen, hardly changed from New York.
The euro soared overnight after the International Monetary Fund said Wednesday it needed up to $500 billion more to pad its war chest -- a move understood to be aimed at stalling fallout from the eurozone crisis.
The common currency had also gained on hopes that ongoing Greek debt talks would bear fruit.
But the euro came under slight downward pressure against the dollar as a mixed jobs report in Australia released early Thursday dented risk sentiment, said a senior dealer at a European bank in Tokyo.