-JPY was the poorest performer in G10,........>

FOREX: -JPY was the poorest performer in G10, falling against all others

Thursday ahead of the Fed decision despite mixed equity performance globally.

While Japanese equities rallied sharply, European and US markets were more

inconsistent as traders largely sat on the sidelines.

-Alongside expectations, the Fed kept policy unchanged, having little impact on

the USD and keeping the DXY within 1% of the recent cycle highs of 97.20.

-SEK was the strongest performer in European FX as Riksbank members turned

somewhat hawkish: Floden stated that the challenges to monetary policy have

diminished somewhat, raising expectations that the next rate hike could come as

soon as December. EUR/SEK broke firmly below the 200-dma to touch the lowest

levels since late July.

-Focus turns to UK trade balance, production and GDP numbers, US PPI and Uni. of

Michigan data. The Reserve Bank of Australia are due to release their MonPol

statement and RBNZ's Orr speaks at a parliamentary select committee. Fedspeak

picks up Friday with Williams, Harker and Quarles all due too.