The U.S. dollar has so far been spared from the negative impact of trade war worries that have weighed on other major developed currencies. But that’s not because a trade war would be good for the U.S., but rather because a trade dispute initially would be so much worse for its trading partners, analysts said. A rise of protectionism has the potential to hurt the U.S. However, for now, a mix of political strife, fiscal stimulus and worries about conditions in the bond market may allow the dollar to strengthen further against its main rivals. ING’s currency analyst Viraj Patel “attribute[s] the [dollar’s] resilience to the markets love for the dollar and a strong US economy narrative.”via