The dollar fell against the yen and euro in Asian trading Thursday following earlier declines spurred by weak economic data. The dollar bought 110.22 yen on the Tokyo foreign exchange market at 11a.m. Thursday, down 0.47 yen from late Wednesday but unchanged from the 110.22 it bought later that day in New York. The euro rose to $1.2295 from $1.2185 late Wednesday. Late Wednesday in New York, the British pound rose to $1.8043 from $1.8008. The dollar fell to 1.2612 Swiss francs from 1.2702, and to 1.1883 Canadian dollars from 1.1979. On Wednesday in New York, the dollar slipped against the euro and most other currencies, reversing early gains after the U.S. reported a big drop in July durable goods orders. The exception was the yen, against which the dollar eked out a slight advance. The dollar had been sharply higher ahead of the data, trading as high as 110.75 yen. Traders said the yen is expected to remain under downward pressure in Asia because of a surge in oil prices. The Commerce Department reported that new bookings for "durable" goods -- big-ticket items expected to last at least three years -- declined by 4.9 percent in July from the previous month. It marked the biggest drop since January 2004, when durable-goods orders fell by 5.7 percent. The last time durable-goods orders fell was in March. Since then, manufacturers have been seeing bookings go up. In June, orders went up by 1.9 percent. The euro rose to an all-time high of $1.3667 in December, though it has since slipped back and has been in the $1.22 range for some time. It remains far above the low of 82 cents hit in October 2000.