Dollar Lower in Asian Trading The dollar fell against the yen and the euro in early Asian trading Tuesday The dollar was trading at 107.37 yen late morning, down 0.29 yen from Monday in Tokyo and below the 107.55 yen it bought in New York later that day. The euro rose to $1.3028 from $1.2865 late Monday and to 139.88 yen from 139.58 yen. In New York late Monday, the dollar fell to 1.1878 Swiss francs from 1.2015, but rose slightly to 1.2476 Canadian dollars from 1.2475. Analysts say concerns about Japanese stock prices will prevent the dollar from falling too much against the yen. Recent tensions between Japan and China that have raised fears about the future of Japanese companies have sent the benchmark for Tokyo stocks lower. Many Japanese companies are dependent on growth in China to boost profits. The market is also awaiting U.S. wholesale price data set to be released later in the day as well as Wednesday's U.S. consumer price index. The data may set a direction for the dollar. The producer price index is expected to have risen to 0.6 percent in March from 0.4 percent in February, with core PPI seen rising 0.2 percent. The CPI is forecast at 0.5 percent, from 0.4 percent in February. The final statement after the weekend meeting in Washington of finance officials from the Group of Seven leading industrial nations had little impact on major currencies Monday. Though U.S. Treasury Secretary John Snow pressed China to move to a more flexible exchange rate -- a move that would usually trigger selling of the dollar -- the fact that the G-7 refrained from changing the wording on currency in its communique dampened any market reaction, dealers said. The dollar's drop followed recent gains that were spurred by market expectations for more interest rate rises in the United States. Over the past year, the dollar has plunged over concerns about the wide U.S. trade and budget deficits.