India, July 10 -- The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major counterparts in the early European session on Thursday, as traders are optimistic about an end to the tariff uncertainty after U.S. President Donald Trump made it clear that he will not extend the August 1 deadline for trade deals, though he gets aggressive with tariff imposition. They are also optimistic about a potential trade deal between the U.S. and the European Union.
Investors await new updates on a deal between the U.S. and the European Union, following Trump's recent remarks that the 27-nation bloc had become much more cooperative.
EU trade chief Maros Sefcovic said there was good progress on a f...