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Employment Change figures yesterday for the US were released significantly better than expected (at 297,000, above the 100,000 expected figure).

This has lead to some US Dollar strength which has seen rates against Sterling head back under the 1.55 barrier and the USD/EUR rate back up to 0.763 at the time of writing. The Dollar has had a strong start to January and looks like it could have a strong January gaining against a basket of major currencies.

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