India, May 26 -- The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Monday, after U.S. President Donald Trump extended a deadline for EU trade deal until 9 July, following a call with European Commission president.
Earlier, Trump had threatened to impose 50 percent tariffs on imports from the European Union beginning June 1st, claiming talks with the bloc are "going nowhere."
Trading volumes are likely to remain thin amid the Memorial Day holiday in the U.S.
In the Asian trading today, the Australian dollar rose to 6-day highs of 1.7465 against the euro and 93.07 against the yen, from Friday's closing quotes of 1.7500 and 92.59, respecti...