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Consolidation was predominantly the theme.....>

FOREX
FOREX: Consolidation was predominantly the theme during the Asia-Pacific
session, markets remaining in risk-off mode amid an escalating war of words from
N Korea. Dollar-yen carved out a Y111.54 to Y111.80 range and was last at
Y111.60. Aussie-dollar rose from $0.7923 to $0.7948 on reported buying from
domestic corporates, Aussie-kiwi demand also helping to underpin. Aussie was
last at $0.7945. Kiwi-dollar edged lower from $0.7278 to $0.7236, a downbeat ANZ
NZ business survey keeping the kiwi on the back foot. Kiwi was last at $0.7247.
Meanwhile, Euro-dollar is currently at $1.1860 and Cable at $1.3482, after
trading in respective ranges of $1.1845 to $1.1861 and $1.3459 to $1.3485.

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