For more Forex news & info, please visit http://ufx.co/UFXM-youtube... The US Dollar weakened against the major currencies as German Chancellor, Angela Merkel, and French President, Sarkozy, provided hope that leaders could sign off on a fiscal pact designed to solve the region's debt crisis. Wall Street closed positive as the S&P increased by 0.23% and the Dow Jones by 0.27%, respectively. Crude oil decreased by 0.30%, closing at $101.30 a barrel, Gold (XAU) declined by 0.50%, finishing at $1608 an ounce. No major data is expected to be published.