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RTRS: FOREX-Dollar pares losses vs euro after U.S. jobs data
 
NEW YORK, Oct 3 (Reuters) - The dollar regained some ground against the euro on Friday despite a report showing a larger-than-expected drop in U.S. nonfarm payrolls in September, because the unemployment rate remained steady at 6.1 percent.

The euro last traded little changed at $1.3819 , versus $1.3850 before the report. The dollar was down 0.4 percent at 104.97 yen , compared to 104.70 prior to the data.

"The jobless rate was steady at 6.1 percent even as the payrolls number was much worse than expected so overall, the report wasn't as bad as the headline suggested," said David Watt, senior currency strategist, at RBC Capital Markets in Toronto. "And that's why the dollar moved higher against the euro."

For full story on non-farm payrolls data, click [nN03286538].

(Reporting by Nick Olivari and Gertrude Chavez-Dreyfuss, Editing by Chizu Nomiyama)

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