The U.S. dollar suffered losses following the inflation data that came in below expectations in September and hit its lowest level against a basket of currencies since Sept. 28 at 94.99 before recovering and cutting losses to 95.32.
Core CPI rose by 2.2% on yearly basis, the same reading in August, below expectations of a 2.3% rise, and rose by 0.1% on month basis, below expectations of a 0.2% rise.
Sterling continued to rise on hopes of a Brexit deal, and European chief negotiator's comments on an imminent deal boosted the pound's three-day rally to its highest level against the dollar since September 21 at 1.3247.
