Currency markets were subdued in late trade on Friday, as dealers braced themselves for the two key events that will dominate next week's financial markets. On Monday, the Bank of Japan hinted that they will likely return to a zero-interest rate policy. The Federal Reserve Bank will meet Tuesday on the heels of the BOJ meeting, and is expected to lower rates 50 to 75 points. The dollar remained firm against most currencies, affirming the safe-haven status seen in recent trading sessions. "Clearly we are at a point where the market is concerned with global turmoil," said David Solin, partner at FX Analytics, explaining the recent demand for the dollar.