India, Aug. 6 -- The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major peers in the Asian session on Wednesday, as Asian markets traded higher after Trump hailed his "good relationship" with his Chinese counterpart Xi Jinping, adding that a deal with China was taking shape.
Investors look forward to U.S. President Donald Trump's decision on Federal Reserve appointments. By the end of the week, Trump might reveal a nominee to fill the vacancy on the Fed's Board of Governors.
Oil prices edged up on rising OPEC+ supply and worries of weaker global demand.
The Australian dollar strengthened earlier against its major peers, following the release of improved domestic economic data...