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With the lack of any clear drivers in the.....>

FOREX
FOREX: With the lack of any clear drivers in the Asia-Pacific region, the dollar
was broadly unchanged from Friday's close in New York and held to fairly narrow
ranges. Dollar-yen traded higher from near Y111.40 to Y111.69 on largely
fix-related demand, post-fix, the dollar slumped to Y111.34 as risk took a hit
amid weaker regional equity markets. Euro-dollar attempted to head higher but
stalled at Friday's $1.1944 high and then eased to $1.1912 on euro-yen supply
before recovering. Aussie dropped from $0.7625 to $0.7593, modest risk-off theme
and softer Aussie-US 2-year yield spreads were seen to weigh. Kiwi followed its
Tasman neighbour, easing from $0.6893 to $0.6854 before meeting demand.
Meanwhile, Cable trekked between $1.3314 and $1.3348.  

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