After a busy couple of days in terms of.......>

FOREX: After a busy couple of days in terms of central bank meetings and

economic data, the Asia-Pacific session witnessed a relatively quiet end to the

week, the dollar not veering too far from the close seen in New York yesterday.

As UST yields pressured into Europe, Usd/Jpy slipped from Y112.28 to Y112.03

before demand ahead of Y112.00 cushioned falls. The level also holds large

optional-expiry ($1.14bn) interest for today's NY cut. Eur/Jpy largely tracked

the dollar, a quick reversal to Y132.06 encountered willing dip buyers to

consolidate Y132.20/30 for the balance of the session. Eur/Usd supply ahead of

$1.1800 (Expiry E2.86bn) capped topside gains to hold a narrow $1.1781-97 range.

Cable driven by Eur/Gbp touched pullback lows of $1.3417 before staging a

recovery to $1.3430. The cross held Gbp0.8764-88. Aud/Usd retained an underlying

firm tone, early gains to $0.7695 stalled around resistance from the 200-dma to

settle in the middle of its $0.7655-95 daily range. On the calendar today BOE

Chief Economist Andy Haldane will deliver a speech at 1315GMT. US Empire mfg and

Industrial Production data follow at 1330GMT/1415GMT respectively.