The dollar consolidated in Asian trading after the strong gyrations on Wednesday, particularly in reaction to the SNB intervention on USD/CHF and EUR/CHF. Price action in most pairs was caught in a tight range. EUR/USD held a relatively subdued range of 1.3935 to 1.3976 after bouncing off the lows of 1.3889 in late NY. USD/JPY saw the most interest, rising from 95.67 to take out stops above 96.20 on comments from Fin Min Yosano supporting the USD, with USD/JPY trading to highs of 96.31. Treasury yields were unchanged to late NY levels but remained bid on dips after the FOMC after Chinese officials again attached the dollar calling for stable reserve currencies and recommending that USD weakness be hedged by gold purchases. Asian stocks were broadly higher with regional financial stocks rising, and with DJIA futures up over 70 pts during the session. NYMEX remained under $69 after the latest inventory data and reports that U.S. July 4th holiday travel will be down this year.