FX round-up: US dollar ends week on a down note

A widely-followed gauge of the US dollar´s strength ended the session noticeably lower following news that the University of Michigan´s gauge of consumers´ inflation expectations over five to 10 years out dipped from 2.6% to 2.4%.

Separate figures from the US Department of Commerce, contained in the third quarter GDP report published on the same day, showed that the core price deflator for personal consumption expenditures advanced at a 1.7% pace, down from the 1.8% seen in the previous quarter.

Headline PCE also fell back, from 2.0% to 1.4%.

On the other hand, data out earlier in the day in Germany and Spain showed consumer prices overshot economists´ forecasts in September.

Nonetheless, the bulk of Friday´s losses came on the heels of news that the FBI had reopened its investigation into the use of unauthorised e-mail servers by ex-Secretary of State Hillary Clinton.

As of 2128 BST the spot US dollar index was down 0.64% to 98.31.

Further afield, emerging market currencies were moving, albeit for different reasons.

The US dollar hit a record high against Turkey´s lira at 3.1273.

Meanwhile, the greenback was up by 0.60% versus the Mexican peso to 18.95.