* Euro under pressure the first in Asia
* No clear result in Greek debt swap deal
* Public holidays in Asia make for subdued trading
SYDNEY, Jan 23 Reuters) - the euro began the week in Asia with a negative tone as investors cautiously to Athens and to some of its creditors on a debt swap deal, to avert the vital chaotic default value for Greece is.
Euro was $1.2882, below are some 40 pips from $1.2930 late in New York on Friday. It fell as low as $1.2856 in thin early dealings. Trade is expected to be in Asia with many centres including China, Hong Kong and Singapore closed on the Lunar New Year holiday are subjected to.
"There was no clear outcome to the talks on the restructuring of the Greek debt over the weekend and that pressure has euro probably lower," said Andrew Salter, strategist at ANZ in Sydney.
Dealers said that a clear break of $ 1.2870/80 tested could see great support at $1,2800 / 10. Last Friday the single currency hit a 2-1/2 weeks up to $1.2985, that just under 3 percent rise from a 17 months trough $1.2623 on Jan. 13 geplumbt (enabled).
Nevertheless, euro increased speculators net shortly to a fourth straight record week 17, ended Jan suggests the downward trend remained intact to the single currency.
Against the yen, the euro at 99.11 was far below from last week Summit around 100.32. It caught up with the Australian dollar $ 1.2281, not far off a record low for a$ 1.2220 on Jan. 17 set.
Private creditors said on Sunday they put the ball in the Court by the EU and the IMF until the limits losses which had come the, which could admit it in a Greek debt swap.
Much attention is Finance Minister now a meeting of the euro on Monday, and that States and the IMF, that the plan, which Athens and private bond holders is collected enough, cut Greece debt payments.
Renewed weakness of the euro helped to 80.387 increase the dollar index 0.2 per cent. Against the yen, the greenback bought 76.95, that withdrawal from last week 77.31 high.
Despite the dollar in the General fixed sound commodity currencies like the Australian dollar could their. The Aussie was $1.0480, not far from an early 11-week peak of $1.0495.
"The AUD interval of 1.0450 Friday maintains the positive momentum since mid-December and today suggests an upward trend with little resistance at 1.0500," said Besa Deda, Chief Economist at St. George Bank.
The Aussie immediate focuses on producer prices around 0030 GMT due, but the key data this week on Wednesdays consumer inflation is report. Quite a few would tame expectations for an interest rate cut the Central Bank Feb 7 policy meeting cement.
For the wider market the Federal Reserve are two-day policy meeting on Tuesday begins the big event. Although no change in policy is expected, the Fed could the historic step of announcing an explicit target for inflation as part of the new communication strategy.
