The U.S. dollar fell against the 12-nation euro Wednesday as the market turned its attention to economic data set for release later in the week. In morning European trading, the euro was at $1.2312, up from $1.2199 the day before in late New York trading. The British pound rose to $1.7825 from $1.7705 on Tuesday, and the dollar bought 111.29 yen, down from 111.38 yen the night before. Currency markets were looking ahead to Thursday interest rate meetings by the Bank of England and the European Central Bank, when the governing council is expected to keep rates for the euro zone unchanged at 2 percent, where they have stood for more than two years. In recent sessions, the dollar has slid despite fairly positive data on the U.S. economy as strong signals on the European and Japanese economies have made the euro and yen equally attractive to investors. The euro hit an all-time high of $1.3667 last December before dropping back. It remains strong, however, and far above the low of 82 cents it hit in October 2000.