On Thursday, the sterling pound and the Australian dollar rose following statements from US President Donald Trump...
"We can reach a deal with China much sooner than many think. We can get a deal done by tomorrow," Trump stated to reporters.
These words triggered optimism among investors, which was reflected in the financial markets. The sterling pound rose by 0.5% to $1.2880, while the Australian dollar gained 0.6% to $0.6781.
According to analysts, the emergence of hopes for a quick resolution of the trade conflict between the US and China has become a key factor for strengthening the currencies of these countries.
