Trading was buoyant in the euro/dollar futures and contracts for difference (CFDs) on Tuesday. The shared currency pared recent gains after data showed that Spanish jobless claims rose. Furthermore, euro area producer prices declined in December, reigniting concerns that a potential deflation in the region may hurt the nascent recovery. The dollar edged higher taking cues from data that factory orders dropped less than expected in December. Pound/dollar futures and CFDs trimmed losses after strong UK construction sector data. The sector expanded at the fastest pace since August 2007 . Gold futures and CFDs lost ground on the strong dollar and improvement in US equities. The Mercury
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