US DOLLAR RISES AS INVESTORS WEIGH THE POSSIBILITY OF ANOTHER DONALD TRUMP PRESIDENCY AFTER LAST WEEK’S POOR DEBATE PERFORMANCE BY PRESIDENT JOE BIDEN.

The dollar rose Tuesday and Asia equities were mixed as investors weighed the possibility of another Donald Trump presidency after last week’s poor debate performance by incumbent Joe Biden.

Speculation about a second term for the Republican rose on the Supreme Court’s ruling that all former leaders had “absolute immunity” from criminal prosecution for “official acts” taken while in office but could still face criminal penalties for “unofficial acts”.
The decision comes as Trump faces criminal charges over his attempts to overturn his 2020 election loss to Biden, but that trial had been put on hold while judges considered his immunity claims.

Bets on a second term for the controversial tycoon rose after Thursday’s debate, in which he was widely considered to have come out on top after Biden struggled through answers and stumbled over his lines.

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