TOKYO - The dollar remained under pressure in Asian trade Tuesday as a weaker-than-expected US jobs report disappointed investors in Tokyo returning from a 3-day weekend, dealers said.

The dollar fell to 91.85 yen in Tokyo morning trade, down from 92.13 in New York late on Monday, when Japanese markets were closed. The euro dropped to $1.4488 from $1.4514 and to 133.14 yen from 133.71.

"Market players are reacting to the disappointing US jobs report after the long weekend here," said Hideaki Inoue, chief forex manager at Mitsubishi UFJ Trust and Banking Corp.

The US economy lost 85,000 jobs in December, official data showed Friday, dampening hopes for a return to positive employment growth that could lead to a hike in US interest rates and support the greenback.

The US unemployment rate held steady at 10%, partly reflecting a large number of people dropping out of the workforce.

The greenback's losses, however, were capped by recent signs that Tokyo is toughening its stance against a strong yen, dealers said.

New Finance Minister Naoto Kan last week called for a weaker yen to boost Japan's export-led economy, triggering speculation that the government might order market intervention to sell the currency.

Investors are also monitoring US corporate reports for leads on the health of the world's largest economy.

"We are looking ahead to a series of US earning reports for the fourth quarter," Inoue said.