India, Feb. 20 -- The Australian dollar strengthened against other major currencies in the Asian session on Thursday, after optimistic comments from U.S. President Donald Trump that trade deal with China is "possible".
As markets continued to be cautious, Trump restated some of his most important statements early on Thursday. Trump said he expects Chinese President Xi Jinping to visit and that a new trade agreement with China is feasible. He added that his administration is thinking about imposing a 25% tariff on lumber and forest products, and he referenced talks with China about TikTok.
The Australian dollar also appreciated following the release of Australia's employment data and China's interest rate decision.
Data from the Australia...