The euro came under pressure in Asia on Monday as the prospect of a recession in Germany and renewed concerns about Italy weighed on sentiment, while strong Chinese data helped support the Australian dollar. The euro fell about 0.3 percent to $1.2880 in thin early trade, slipping to near a two-week trough of $1.2876 set Friday. Against the yen, the single currency also shed about 0.3 percent to around 106.15. Investors sold the euro after Germany's central bank on Friday warned the euro zone's biggest economy could soon enter recession and Italian Prime Minister Mario Monti on Saturday said he intended to resign ... (full story)