Better than expected job gains in the private sector: ADP showed 205K jobs gained in January and an upwards revision for December: 267K against 257K originally reported. Update: EUR/USD breaks above downtrend resistance The US dollar is recovering some of the losses with EUR/USD slipping to 1.0930, GBP/USD at 1.4514, USD/JPY above 119.40, AUD/USD at 0.7055, USD/CAD […]