* Euro on defensive as nerves take hold before Eurogroup meeting
* Dollar/yen steady after jobs data fails to provide spark
* Kiwi slides to near two-month low on RBNZ rate cut speculation
* Pound stands tall after election, BOE, fundamentals eyed again (Adds details, quotes)
By Shinichi Saoshiro
TOKYO, May 11 (Reuters) - The euro slipped against the dollar as nerves took hold before key talks between Greece and euro zone finance ministers, while the New Zealand dollar sank to a near two-month trough as speculation over when the country's central bank could cut rates gathered momentum.
The euro fell 0.6 percent to $1.1137, pulling back from a two-month peak of $1.1392 struck Thursday when the outlook for the European economy thawed and euro zone bond yields spiked, grabbing attention away from Greek debt saga. The rise in euro zone yields petered out late last week, taking some support away from the common currency.
"Greek-related headlines have begun filtering out over the weekend, and the debt negotiations will be one of this week's currency themes. Today's Eurogroup meeting and its impact on the euro will be in focus," said Shinichiro Kadota, chief Japan forex strategist at Barclays in Tokyo.
The Eurogroup of euro zone finance ministers has ruled out clinching a deal to unlock aid for Greece at Monday's meeting, although Athens remains hopeful that the meeting will note progress in talks with lenders. Greece risks defaulting on its debt if it does not receive fresh funding.
"It is difficult to put a finger on the exact flows, but it appears that large lot selling went through ahead of the Greek debt talks," said Kyosuke Suzuki, director of forex at Societe Generale in Tokyo.
"The Eurogroup meeting is not the deciding event. According to the market's view, it is not until July or August that Greece's cash flow becomes very serious. But the current liquidity problems Greece already faces do not make the euro an attractive currency," he said.
The dollar stood little changed against the yen after Friday's mixed U.S. jobs data failed to offer much of a buying incentive.
The greenback was steady at 119.93 yen, having slipped from an overnight high of 120.24 after the release of Friday's U.S. jobs numbers.
The closely-watched U.S. jobs data showed April non-farm payrolls increase roughly in line with forecasts to 223,000 but a significant downward revision to the March figure. Wage growth, a favoured metric for Fed policy makers, was also softer than expected.
The mixed data supported bets that the Fed will not begin hiking rates until late in 2015 and pushed U.S. debt yields lower, in turn weakening demand for the dollar.