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A host of data saw the pound gain ground against most major currencies on Tuesday with the expception of the US Dollar. Better than expected data from across the pond matched the stregth of Sterling during todays trading however a large sell-off of Euro/Dollar position saw the pound gain against the weakening Euro and lose against the strengthening pound. Concerns in the euro-zone have arisen after Greece had its credit rating downgrading, which has caused investors to start moving money out of the Euro, and back into the safe haven of the dollar, a trend that will be expected to continue in the mid term.