With market players biding their time as they await the U.S. non-farms payroll data which will be released later in the trading day, the Euro struggled to gain any footing in Asian trading. Economists expect that the U.S. Labor Department will report that 122,000 new jobs were created in November, and that the unemployment rate will be unchanged at 9.0%; the earlier released ADP data portended a positive outcome, but its never a certainty that the U.S. report will trend exactly the same.

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