India, May 1 -- The U.S. dollar strengthened against other major currencies in the Asian session on Thursday, amid optimism that the world trade war will soon ease.
Sentiment was raised by President Trump's confidence over trade agreements with China, Japan, and South Korea.
The U.S. President Trump expressed optimism about a possible trade deal with China, stating there is a "very good probability we'll reach a deal."
In the early European session, the U.S. dollar rose to more than a 2-week high of 1.1288 against the euro and nearly a 3-week high of 144.54 against the yen, from yesterday's closing quotes of 1.1322 and 143.02, respectively. If the greenback extends its uptrend, it is likely to find resistance around 1.08 against the euro...