India, March 6 -- The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Thursday amid risk appetite, as traders react positively to news that the Trump administration announced a one-month delay on tariffs affecting cars entering the U.S. from Canada and Mexico, raising hopes for negotiations.
However, the broader 25 percent duties imposed on Canada and Mexico remain in effect with no resolution in sight and more levies are set to begin in April.
The U.S. economic calendar remains light today, with reports on weekly jobless claims and the trade deficit likely to garner some attention ahead of the all-important jobs report due Friday.
The Wh...