Quiet week for currencies with pairs..........>

FOREX: Quiet week for currencies with pairs largely finishing where they started

-With the exception of the SEK, it's been a particularly quiet week for G10 FX,

with all major pairs closing on Friday well within 1% of Monday's opening

levels. Nonetheless, today saw another strong session for the SEK which

continues to recover and has added near 3% against the USD since Monday.

-CAD weakened after a poor jobs report, with April net employment dropping

against an expected gain, with the participation rate weakening to the lowest

level since November 1999. USD/CAD now re-targets the 50-dma at C$1.2834.

-Elsewhere, the dollar edged slightly lower again, making Friday the third

consecutive session of losses for the greenback but, with the 200-dma still

comfortably below market, the longer-term bull trend remains in tact.

-EUR & GBP generally ebbed higher on little domestic news, allowing EUR/USD to

close within 10 pips of Monday's open.

-Next week the UK jobs report, Eurozone Q1 GDP, German ZEW and US retail sales

for April are the highlights of the calendar. Speeches from ECB's Draghi and the

BoE Chief Econ. Haldane are also due.