FOREX-Dollar pares losses after U.S. Q4 GDP revision

The dollar trimmed earlier losses against the euro and yen early Friday as the downgrade on fourth-quarter U.S. growth was not as steep as economists had forecast, supporting the view the world's biggest economy will grow at a moderate pace. Gross domestic product grew at a 2.2 percent annual pace, slower than the initial estimate of a 2.6 percent pace, the Commerce Department said on Friday.