Will Trump or Biden boost the greenback?
Singapore
WITH the US elections looming, a Trump presidency is not necessarily better for the US dollar (USD), while a Biden administration may not be as USD-negative as believed, OCBC Treasury Research said in a research note on Friday.
Rather, the administration that can deliver further economic support quickly and decisively should be the one that is USD-positive in the near term, foreign exchange strategist Terence Wu said.
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