The CHF is the strongest and the AUD is the weakest as NA traders enter for the day

[Fxproooo]

The CHF and the JPY are the strongest of the major currencies as investors rush into the "relative safety" of those currencies after the more sobering accessment from the Fed yesterday. The AUD and NZD are the weakest as risk off flows send those currencies lower. The USD was the weakest of the majors yesterday, but is giving up on that idea today. It is higher vs all the currencies with the exception of modest declines vs the CHF and JPY.