The strongest and weakest currencies as NA traders enter for the day

The EUR is the strongest. The JPY is the weakest
As the NA traders enter for the day, the EUR is the strongest while the JPY is the weakest. The CPI flash estimate came in a bit stronger than expectations at 1.9% vs 1.8% last but the core beat estimates by 0.2%. as it moved up from 0.7% last month to 1.2% this month. That is a step in the ECB taper direction and the EURUSD and all EUR pairs took off.