ForexLive North American wrap: Chicago PMI at lowest since 2009

Chicago PMI 56.2 vs 61.0 exp March US personal spending +0.3% vs +0.4% exp Personal income +0.4% vs +0.3% exp Feb Canada GDP -0.2% m/m vs +0.2% exp Spain considering a bad bank Greek credit continues to tighten Portugal's cabinet approves budget plan Juncker: Eurobonds a logical progression Gold drops then recovers, fat finger blamed Dallas Fed -3.4 vs +10.8 exp S&P 500 posts first monthly loss (-0.8%) since Nov, falls 0.4% to 1398 on day JPY leads, CAD lags EUR/USD bottomed at 1.3207 just before the US open, with bids seen ahead of 1.3200. The soft Chicago PMI sent the index to 1.3243 but offers up to 1.3250 kept the range tight. In the afternoon, it a slow, sideways trade. Cable slide to a session low after hitting stops at 1.6250 at the open. Afterwards, it was a steady slip lower to 1.6220. It was stable after the European close in a 1.6220/40 range. The market slowly chopped through bids at 80.00 in USD/JPY and the pair hit stops down to 79.73 -- the lowest since February. The Canadian dollar was a laggard after the GDP report and signs of weakness south of the Canadian border. USD/CAD was a one-way street, opening at 0.9811 and climbing as high as 0.9894 at the high.