Speed Solutions LTD. have released a review on the ongoing Trade war between China and The US. As we all new, the situation is complicated.
According to Speed Solutions LTD. trade experts, “There are many ways this can go. As traders and investors are starting to understand the tremendous potential of a collision between the world’s two largest economies. The two major markets that are most likely to be influenced by such a trade-war are forex and commodities. And if this intensifies, it’s possible that a head-to-head currency war will take place. If that would be the case, the USD and the Yuan are going to be the main “competitors”. Apart from them, gold should be the commodity that could be influenced the most. Not too long ago, after Trump tweeted on China, the reaction by the Chinese currency was that it tumbled to its lowest level in more than a decade.”