The U.S. dollar changed hands in the lower 110 yen zone in early deals in Tokyo on Thursday, moderately lower than its levels in New York overnight.

As markets opened here, the dollar was quoted at 110.23-24 yen compared with 110.30-40 yen in New York and 110.63-64 yen at 5 p.m. on Wednesday in Tokyo.

The euro, meanwhile, fetched 1.1802-1804 dollars and 130.10-11 yen against 1.1786-1796 dollars and 130.06-16 yen in New York and 1.1746-1747 dollars and 129.95-99 yen in late Wednesday afternoon trade in Tokyo.