Most pairings and cross rates have posted narrow ranges so far today, although USD-JPY and some yen crosses saw some movement, rising during the Tokyo AM session before ebbing back. USD-JPY posted a two-month high of 112.98, capping out here in the face of Japanese exporter offers. EUR-USD settled in the mid 1.1700s, below the two-month high seen yesterday at 1.1815, which was seen after ECB President Draghi sounded relatively hawkish on inflation. Cable has settled in the lower 1.3100s.