Forex - Dollar pares losses as trade gap narrows

The dollar pared losses against the euro and yen on Thursday after data showed the U.S. trade gap narrowed by more than expected in December.

A separate report showing first-time jobless claims in the latest week were in line with economists' expectations also added some dollar support.

The euro fell to around $1.4615 , still up 0.3 percent from late Wednesday but below $1.4630 before the data. The dollar was flat on the day at 108.27 yen from around 108.13 yen earlier.