Trump or Biden, investors expect a weaker dollar ...Middle East

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The battered dollar’s long-term fortunes are unlikely to improve regardless of who wins Tuesday’s U.S. presidential election, investors and analysts said. Despite its recent bounce against a basket of currencies, the dollar index is still down about 9% from its March highs and on track for its worst year since 2017, weighed down by expectations that U.S. rates will remain near historic lows for years to come. Many market participants believe that a victory by Joe Biden - currently the front-runner in polls - and a potential Democratic sweep would likely weigh on the U.S. currency further, as the former vice president is expected to open the door to policies that investors view as do

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