India, Aug. 19 -- The safe-haven Swiss franc strengthened against other major currencies in the European session on Tuesday, despite expectations for a peace agreement between Russia and Ukraine.

Market hope of a Russia - Ukraine peace deal after U.S. President Donald Trump described his meeting with Ukrainian President Volodymyr Zelenskyy and several other European leaders as "very good".

Trump also said that he's begun arranging a meeting between Zelenskyy and Russian President Vladimir Putin within the next couple of weeks.

Zelenskyy said he is open to "any format" of talks and would decide on the trilateral meeting based on how the first round goes.

In the European trading today, the Swiss franc rose to a 4-day high of 0.9407 agains...