Durable goods orders fell 2.4% while ex-transportation orders they came in flat. Non-defense capital goods orders ex-aircraft (business spending) fell 0.4%.

EUR/USD has taken on a softer tone, now in the 1.4620s. Sovereign bids ahead of 1.6400 are expected to hold the line on dips. Large stops are eyed below the 1.6400 level.