* Euro recovers vs dollar after Thursday's sharp fall

* Trade quiet due to U.S. public holiday

* Mood remains cautious after bleak U.S. jobs numbers

* Euro zone retail sales weak; EZ services PMI revised up

(Updates prices, adds quotes)

By Jessica Mortimer

LONDON, July 3 (Reuters) - The euro edged higher against the dollar on Friday, correcting after sharp falls late the previous session in the wake of bleak U.S. jobs numbers which dampened hopes for a global economic recovery.

Trade was quiet, however, with U.S. markets closed for a public holiday.

The euro and perceived higher risk currencies such as the Australian dollar, which have benefited from hopes of an economic turnaround, weakened sharply on Thursday after data showed U.S. employers cut a substantial 467,000 jobs in June. [ID:nN01210643]