The dollar broadly consolidated against its...>

FOREX: The dollar broadly consolidated against its peers in reasonably subdued

Asia-Pacific markets. Outgoing Fed-chair Yellen's interview with former BoE

governor Mervyn King saw no discernible impact to trading, with the majority of

investors said it was well-balanced. Yellen warned against raising U.S. interest

rates too quickly, but in the next sentence said that keeping rates on hold for

too long also has risks, it could overheat the jobs market. She also said she

was uncertain that weak inflation is transitory and the Fed is monitoring

inflation very closely. Dollar-yen ranged between Y112.20 and Y112.50. Aussie

rose initially to $0.7596, but fell back to $0.7562 as domestic politics and

Aussie-yen sales were seen to weigh, South Australia's Kakoschke-Moore became

the latest senator to resign over dual citizenship. Meanwhile, Euro-dollar

currently trades at $1.1740 and Cable at $1.3254, after trading in respective

ranges of $1.1722 to $1.1748 and $1.3234 to $1.3256.