The Dollar weakened rapidly versus majors as worse than expected U.S economic data keeps coming out, indicating troubles in recovery. Despite Initial Jobless Claims falling to 429K vs. 449K expected, Philadelphia Fed Manufacturing Index came out much worse than expected at 5.1 vs. 10.0. This data sent the Dollar down, as investors begin to worry about the long- term economic outlook of the U.S economy. NASDAQ and Dow Jones declined by 0.03% and 0.07% respectively, crude oil rose slightly by 0.15%, closing at 76.87$ a barrel, Gold (XAU) remained virtually unchanged closing at 1208$ an ounce. Today, CPI data is due to be published with expectations at 0.1% vs. -0.2% previous.