TOKYO--The euro fell further against the U.S. dollar in Asia on Monday as risk appetite was eroded by renewed worries over Greek debt and fears of a possible recession in the world's biggest economy. The euro dropped to US$1.4158 in Tokyo trade from US$1.4203 in New York late Friday. The European common unit also eased to 108.60 yen from 109.09 yen. The greenback was at 0.7878 Swiss francs compared with 0.7885. It fell to 76.71 against the yen, from 76.82. The euro fetched 1.1192 against the Swiss franc, from 1.1210 late Friday in New York. The euro remained weak as investors moved to shun riskier assets, taking a cue from sell-offs in Asian stock markets following dismal U.S. jobs data, dealers said. Official data released Friday showed the struggling U.S. economy added no jobs in August after 10 months of gains amid rising fears of recession while the unemployment rate remained unchanged at 9.1 percent from July. The worst jobs data since September 2010 sent U.S. stocks plummeting Friday. The euro took the brunt of selling on Friday after the European Union and International Monetary Fund left a critical audit of Greek finances unfinished saying more budget work was needed, and the government admitted its deficit target was in trouble. Also negative for the euro was news that German Chancellor Angela Merkel's Christian Democrats suffered an election defeat in her home state Sunday, with the news unsettling the market, dealers said. The ECB will hold a policy-setting meeting on Thursday.

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