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U.S Major Indices closed the trading day down due to disappointing U.S economic data and a negative trend in world markets. S&P 500 climbed by 1.438% and NASDSAQ lost 1.27% from its value. Gold gained slightly closing at $1,403 an ounce and Crude oil finished the trading day almost unchanged closing at $93.70 a barrel. The US Dollar weakened versus the Major currencies except the Japanese yen after ADP Non farm employment change rose to 13,500 missing expectations of 171,000. The Euro closed the trading session mixed against the Major currencies following mixed economic data from the Eurozone. Technically EUR/USD is trading near the upper limit of a 1.3050 to 1.3105 tight range and will likely fall towards 1.3050. Breaking below this support level could lead the pair back to 1.2960. The Pound climbed against the US Dollar reaching a 3 week high as better than expected PMI came out at 54.9 vs. 53.1, a sign of economy recovery. Technically GBP/USD touched the daily resistance level at 1.5410 and might retrace to 1.5300 again. Today Asset Purchase facility is expected unchanged with 375 billion, and the Official Bank rate unchanged at 0.50%.