The dollar is weaker despite some good news on the American manufacturing sector.

The US dollar index is down by 0.6% at 97.86 as of 12:25 p.m. ET.

The ISM purchasing manager’s index (PMI) came in at 51.9 for October, north of expectations of 51.7 and up from the prior month’s 51.5.

Respondents mostly had positive comments. One noted a “very favorable outlook in the market,” while another reported that “business is much better.”

Meanwhile, Markit Economics’ PMI came in at 53.4 – the highest level for a year.

As for the rest of the world, here's the scoreboard as of 12:28 p.m. ET:

    The Mexican peso is down by 1.5% at 19.1380 per dollar following the release of the latest Washington Post/ABC News poll, which showed Republican nominee Donald Trump leading Democratic nominee Hillary Clinton by 1 point. The Australian dollar is up by 0.5% at .7650 per dollar. Earlier, the Reserve Bank of Australia held its benchmark interest rate at 1.50%, as expected, adding that its "forecasts for output growth and inflation are little changed from those of three months ago." The Japanese yen is up by 0.6% at 104.25 per dollar. Earlier, the Bank of Japan voted 7-to-2 to keep its key interest rate and target for the 10-year JGB yield at -0.1% and 0%, respectively, while warning that risks to growth and inflation are "skewed to the downside." The Russian ruble is up 0.3% at 63.2120 per dollar, while Brent crude oil, the international benchmark, is down by 0.9% at $48.16 per barrel. Separately, Markit manufacturing PMI rose to 52.4 in October, up from last month's 51.1. The British pound is little changed at 1.2233 against the dollar after the UK's manufacturing PMI for October came in at 54.3, below expectations of 54.5, and down from last month's 55.5. IHS Markit, which draws up the figure, says the slight slowdown comes as"weaker exchange rate raises input costs and new export orders." The euro is up by 0.7% at 1.1051 against the dollar.