Greenback Firms Amid Escalating US-Canada Trade War. Forecast as of 25.08.2026

The conflict between the US and Canada could become a precursor to a broader global trade war. Meanwhile, Washington's efforts to isolate Iran are unlikely to succeed without Beijing's cooperation. Will China go along with the US strategy? Let's examine the issue and develop a trading plan for the EUR/USD pair.Major Takeaways Sanctions against Iran have boosted the US dollar. The conflict between Washington and Ottawa is a dress rehearsal for a trade war. Investors fear a global trade war. Short