Euro slips in early European trading as Greek worries persist, buys $1.3394

Euro slips below $1.34

FRANKFURT — The euro has slipped below $1.34 as concern persists over indebted Greece’s high borrowing costs and markets await eurozone unemployment figures.

The 16-nation currency bought $1.3394 in early European trading Wednesday — down from $1.3419 in New York late Tuesday.

The British pound slid to $1.5045 from $1.5061 and the dollar was up to 93.23 Japanese yen from 92.82 yen.

Greece was able successfully to raise more money from bond sales this week but markets demanded high interest rates for holding its debt despite last week’s European promise of a financial backstop if needed.

New unemployment figures are due from Germany and elsewhere on Wednesday — offering more clues on the economic health of the euro area.