Dollar cuts gains after the release of mixed US statistics

On Wednesday, the dollar reduced growth against other major currencies after data showed that the number of people employed in the non-agricultural sector of the US grew in April less than expected, and the US trade deficit narrowed in March, more than originally anticipated.
USD/JPY fell 0.19% to 106.42, approaching 18-month low of 105.55, marked on Tuesday.
As shown by the data, the number of people employed in non-farm sector grew by 156,000 last month, while expected to grow by 196,000.
In March, the number of employed increased by 194,000, whose figure was revised up from 200,000.
A separate report showed that the US trade deficit narrowed in March to $40.40 billion from $47.00 billion in February, whose figure was revised up from $47.10 billion. Analysts had expected US trade deficit will drop to $41.50 billion.
Dollar recovers from sharp losses obtained after both the Fed left interest rates unchanged last week and indicated that it will stick to a cautious approach to future enhancements.
EUR/USD remained almost unchanged at 1.1499.
USD Index, which tracks the dollar against a basket of six major currencies, remained almost unchanged at 93.03 after a 16-month low of 91.89 the previous session.