Today, the U.S Dollar slipped against the Japanese Yen ahead of the payroll data from the U.S., which is due out later in the day. It is expected that this data will show a significant reduction in jobs in the U.S., while the Euro fell following a mixed bag of poor economic data from the Euro Zone. U.S. job data for December is expected to fall by 550,000 jobs and also show an unemployment rate higher than previous months.

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