The US dollar fell against its rivals on Friday, keeping its losses after the release of US economic data.

The US manufacturing PMI rose slightly to 53.5 points in October, on par with market forecasts, from 53.2 points in September.

Doubts remain about the potential agreement on the second US package, especially before the near presidential election.

The US House of Representatives Speaker Nancy Pelosi said yesterday that progress was made during negotiations with the White House and they're "just about there" on reaching the second Covid-19 stimulus deal, but warned that it’ll take a while to write the bill.

The dollar index fell against a basket of currencies by 0.2% to 92.7 points as of 20:05 GMT, after hitting a high of 93.1 and a low of 92.6.

The Australian dollar rose on Friday, after the release of positive data that showed continued improvement in the services sector.

Investors are focusing on the latest developments in the ongoing talks about the US second Covid-19 aid deal

The US House of Representatives Speaker Nancy Pelosi stated that progress was made during negotiations with the White House and they're "just about there" on reaching the second Covid-19 stimulus deal.

The last election debate between the US two presidential candidates Donald Trump and Joe Biden concluded yesterday, and was full of mutual accusations few days before the election.

Data showed today that Australia's services PMI rose to 53.8 points in October vs. 50.8 in September, while the manufacturing PMI fell to 54.2 vs. 55.4.

As of 18:23 GMT, AUD/USD rose 0.1% to 0.7127, after hitting a high of 0.7159 and a low of 0.7100.

Oil prices fell on Friday, to give up the early gains, despite the US dollar's drop, as the US oil drilling rigs count increased.

Russian President Vladimir Putin said on Thursday that there is no need to change anything in the global supply cut agreement, but extending the cuts can be taken if needed.

Baker Hughes announced today that the US crude oil drilling rigs count rose 6 rigs to 211 during this week, marking the fifth straight weekly increase.

The dollar index fell against a basket of currencies by 0.2% to 92.7 points as of 18:57 GMT, after hitting a high of 93.1 and a low of 92.6.

As of 18:53 GMT, WTI crude November futures at Nymex fell by 2.4% to $39.6 a barrel, after hitting a high of $40.9 and a low of $39.5.

Brent December futures fell 2.1% to $41.6 a barrel, with a high of $42.8 and a low of $41.5.

The energy services firm Baker Hughes announced today that the US crude oil drilling rigs count rose 6 rigs to 211 during this week.

While the natural gas rigs fell by 1 to 73 rigs, with the total of oil and gas rigs rising by 5 to 287 rigs.