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In Asian trade, the US Dollar was largely under pressure on fading hopes for some resolution to the trade discussions between China and the United States.

This week is likely to see a less active market, with central bank input due only from the RBNZ, as well as more Brexit drama and some important economic data for the U.S. and Canadian Dollars.

The Pound Sterling reversed course on news that the Brexit deadline has been extended by the European Commission.

The Norwegian Krona surged in Thursday trading in London after Norges Bank took a decidedly hawkish turn.

The British opposition leader, Jeremy Corbyn is traveling to Brussels this Thursday in order to discuss an alternative Brexit plan with European Union representatives.

The Federal Reserve’s announcement on Wednesday sent traders swiftly away from the U.S. dollar and offered support to Asian stock markets.

With the failures in Parliament stacking up against her, the Prime Minister is expected to request a brief delay to the looming Brexit deadline.

Asian business confidence hit a three-year low amid a dragging trade feud between the United States and China and a slow-down of the broader global economy.

Asian stock indexes were broadly lower on Wednesday after renewed investor concerns about the state of the trade conflict between the United States and China.

An upbeat UK jobs report helped to keep the Pound Sterling near earlier highs, though uncertainty as it relates to the Brexit has kept many investors on the sidelines.