The Eurodollar continued its decline touching a one month low after German Chancellor Olaf Scholz lost a no confidence vote, confirming early elections in February next year.
The British pound declined to a seven month low amid a potential US government shutdown in the festive season, triggering safe haven demand for the greenback.
The USD/JPY increased to its highest level in five months after the Bank of Japan held interest rates at 0.25% and the dollar strengthened against its rivals.
Gold prices declined after the Fed cut rates by 25 basis points but outlined that two potential rate cuts are expected next year, less than the previously expected four.
Stock prices also pulled back amid market disappointment that lingering inflation will likely reduce the potential of the Fed to cut rates multiple times next year.
Crude oil prices fell to a more than one week low after the threat to Middle East oil supplies decreased, as Israel and Hamas moved closer to a ceasefire.