JPY sat at the bottom of the G10 currency.....>

FOREX: JPY sat at the bottom of the G10 currency table

-JPY began to break lower on the London fix and continued into the US close. At

the same time, equities fell and treasury futures climbed. The USD climbed and

held above the 97.400 level. Weak European PMI data caused the EUR and GBP to

fall off this morning which held lower throughout the day. Strong US retail

sales and a lack of clarity from UK PM May's press conference lead to more

pressure on the pound. NZD/USD able to climb back above the $0.6800 level after

falling below overnight. CAD pared some gains as WTI fell near the $51 level but

remained ahead on the day. 

-Heading into next week, the FOMC holds December meeting where a rate hike is

expected.