The U.S. dollar traded higher against the most major currencies after the better-than-expected ISM manufacturing purchasing managers' index. The ISM manufacturing purchasing managers' index for the U.S. rose to 59.0 in October from 56.6 in September, beating expectations for a decline to 56.5. The rise was driven by the increase in new orders.

The euro traded lower against the U.S. dollar. Eurozone's final manufacturing purchasing managers' index (PMI) fell to 50.6 in October from 50.7 in September. Analysts had expected the index to remain unchanged at 50.7.

Germany's final manufacturing purchasing managers' index declined to 51.4 in October from 51.8 in September. Analysts had expected the index to remain unchanged at 51.8.

France's final manufacturing purchasing managers' index rose to 48.5 in October from 51.8 in September. Analysts had expected the index to remain unchanged at 51.8.

The British pound fell against the U.S. dollar. The manufacturing purchasing managers' index in the U.K. climbed to 53.2 in October from 51.5 in September. September's figure was revised down from 51.6. Analysts had expected the index to remain at 51.5.

The Swiss franc traded lower against the U.S. dollar. The manufacturing purchasing managers' index in Switzerland rose to 55.3 in October from 50.4 in September, exceeding expectations for a rise to 51.3.

The New Zealand dollar traded lower against the U.S. dollar in the absence of any major economic reports from New Zealand.

The Australian dollar traded lower against the U.S. dollar. In the overnight trading session, the Aussie declined against the greenback after the release of the weaker-than-expected Australian building permits. Building permits in Australia dropped 11% in September, missing expectations for a 0.9% decline, after a 3.4% increase in August. August's figure was revised up from a 3.0% rise.

ANZ job advertisements rose 0.2% in October, after a 0.9% gain in September.

The Japanese yen traded lower against the U.S. dollar in the absence of any major economic reports from Japan. Markets in Japan were closed for a public holiday.

Friday's decision by the Bank of Japan (BoJ) still weighed on the yen. The BoJ decided to increase its monetary base target to an annual increase of ¥80 trillion, up from ¥60-70 trillion, and to boost exchange-traded fund purchases to ¥3 trillion. This decision was not expected by analysts.