01.11.201622:31:00UTC+00Dollar Slips Ahead of U.S. Elections

The dollar retreated against the yen and euro as prospects on the U.S. presidential election sent jitters to investors. The greenback has been down to a three-week low versus the euro and slumped against the yen, with some polls showing that Donald Trump is ahead after the FBI's probe of newly found emails related to Hillary Clinton's use of a private server.

The WSJ Dollar Index declined 0.4 percent. The euro was stable at $1.1057 while the dollar was flat at 104.057 against the Japanese yen. The Federal Reserve is predicted to hold interest rates unchanged but has laid out for a raise in December due to signs of the economy improving. The Mexican peso, which is considered as a rough barometer of the flow and decline of Trump's success in the presidential race, has been near a three-week low versus the dollar. The Mexican currency is at 19.17 pesos per dollar.

The Australian dollar was flat at $0.7647 after climbing 0.5 percent the previous day as the country's central bank kept rates steady.