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.