Durable goods orders forecast to fall 1.3%

The euro sank on Spanish political drama with Rajoy hoping to stick around a full four years. The helped to give the US dollar a broad bid. USD/CAD finally broke the 1.2924 level it's been flirting with for a few weeks. It made a quick move up to 1.2960 in part due to skeptical comments from Mexico's Guajardo on a NAFTA deal that are just crossing.