NEW YORK Dec 7 The euro pared losses against
the dollar in late morning trade on Friday as traders covered
some short positions.
Traders cited a Market News International report that said
senior European Central Bank Executive Board members, including
President Mario Draghi and Bundesbank President Jens Weidmann,
opposed a rate cut supported by the majority at the ECB's most
recent policy meeting on Thursday.
The ECB left rates steady at 0.75 percent.
The euro was last down 0.2 percent at $1.2945. It had
fallen to a session low of $1.2878 immediately after the release
of U.S. jobs data that was stronger than expected.