-JPY was comfortably the best performer of....>

FOREX: -JPY was comfortably the best performer of the day and the week as equity

markets sold off the modest recovery gains posted Thursday. The S&P500 entered

'correction' territory having dropped over 10% from cycle highs on an intraday

basis, which helped markets sell USD/JPY all the way through the 100-dma and

briefly below Y111.50.

-CAD was the poorest performer in G10, prompting USD/CAD to show above the

earlier October highs to touch the best levels since early September at

C$1.3159. The Bank of Canada's rate hike failed to stir the currency mid-week

and tech traders eye C$1.3226 for the next leg higher.

-The rally in the Dollar Index faltered just shy of the August highs of 96.984

after better than expected US GDP figures before retreating slightly, but the

USD remains the second strongest (after the JPY) currency of the week.

-Rate decisions from the BoJ, BoE are the highlights next week, with US nonfarm

payrolls, Eurozone and Australian CPI data, UK PMIs and earnings from 6 more Dow

components also due.