The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the European session on Tuesday, as European stock markets traded higher on renewed hopes for progress in Middle East peace talks, with reports suggesting that there could be a second round of talks to end the West Asia conflict.
Without further elaborating details, U.S. President Donald Trump said on Monday that the U.S. has been called by the other side and he is still willing to engage with Tehran.
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