(Corrects month to February in headline)
NEW YORK, March 6 (Reuters) – The dollar trimmed gains against major currencies on Friday after data showed an unexpected decline in new jobs created in the world’s largest economy last month, suggesting that the Federal Reserve could cut interest rates sooner than expected.
The U.S. economy lost 92,000 jobs last month after a downwardly revised 126,000 increase in January, data showed. Economists polled by Reuters had forecast payrolls advancing by 59,000 jobs after increasing by a previously reported 130,000 in January.
The dollar was little changed against the yen at 157.61, compared with 157.905 just before the data. The dollar index trimmed its rise, now flat on the day at 99.10.
(Reporting by Gertrude Chavez-Dreyfuss; Editing by Toby Chopra)
