|Day's range||0.144 - 0.144|
|52-week range||0.1444 - 0.1444|
The ratcheting up of trade tensions between the world’s two largest economies means the U.S. should curry favor with its other trading partners, one analyst told Yahoo Finance.
The trade war between the United States and China escalated Monday, prompting a shocking downswing of over 750 points on the Dow, and forcing investors to temper their former optimism about a deal.
Top Wall Street strategists are lowering their expectations of a near-term trade deal between the U.S. and China.
U.S. stocks fell Monday to their lowest levels in 2019 — how the Federal Reserve can help consumer confidence amid an escalating trade war.
After initially breaking through that key threshold for the first time since 2008 on Monday, the yuan on Tuesday continued to hover at 7.03
China’s devaluation of its currency as a weapon in the ongoing trade war with the U.S. may result in a more aggressive Federal Reserve.