USD fell against most major counterparts in the Asian session on Thursday as risk appetite improved amid growing hopes that U.S. lawmakers would reach a compromise on a new stimulus package. 

The U.S. Dollar Index (DXY), measuring the U.S. currency's value relative to a basket of foreign currencies, increased  0.13% to 93.76.

White House chief of staff Mark Meadows said that U.S. President Donald Trump's administration had extended the proposal for more than $1.5 trillion in stimulus. The announcement came after the House of Representatives delayed the vote on a $2.2 trillion relief package designed by House Democrats on Wednesday evening after House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin failed to strike a coronavirus aid deal but said the talks would continue.

In addition, the latest set of U.S. macro reports restored investor confidence in economic recovery prospects. A report from ADP revealed that private sector employment in the U.S. increased more than expected in September, while NAR's data showed that pending home sales in the U.S. climbed to a record high in August.