The dollar pared its losses Friday after the Commerce Department reported that personal income rose at brisker pace than consumer spending last month. Consumer spending in April rose 0.6%, below a MarketWatch forecast, based on a survey of economists, for a 0.8% rise. Personal income last month rose 0.7%, in line with expectations. The euro was up 0.2% at $1.2538, although down from $1.2544 before the news. The dollar stood at 107.84 yen, down 0.2% on the day, but up from 107.79 yen before the report.