JP-Morgan predicts a boost to the dollar from a polarising presidential race between Joe Biden and Donald Trump, which is likely lead to a trade war. They say that renewed tariff risk will have a positive impact on dollar. A 10% tariff on all goods might increase the value of the dollar by 4–6%.

Analysts: US trade tariffs to benefit the dollar

US Consumer confidence rose for the first time in four months in November, as optimism about the job situation rose. Following a downwardly revised 99.1 in October, the conference board's index rose to 102 this month. Consumers' short-term income and hiring prospects rose, raising the prospect for better sentiment. As inflation falls, consumers are receiving a break from years of price rises.

Decoding state of US Economy

Defying dire warnings of a recession, the US Economy grew almost 5% in the July to September quarter, as higher wages gave a much-needed boost to consumer spending and demand. At a 4.9%, this was the fastest pace of GDP growth in nearly two years. In fact, the US GDP expanded at a pace well above what fed officials regard as the non-inflationary growth rate of 1.8%. The economy was also helped by a rebound in residential investment after 9 straight months of decline, and a rise in government spending.

US economy: Blockbuster Q3 numbers

The number of new applications for U.S. unemployment benefits rose slightly to 745,000 at the end of February.

US: Layoffs remain high despite improved economy

The Federal funds rate remained unchanged at zero to a quarter percentage point, and will stay there until America's labor market has recovered

Fed vows to keep interest rates near zero

The U.S. economy gained a whopping 4.8 million jobs in the month of June, bringing the unemployment rate to 11.1 percent

U.S economy gains 4.8 million jobs in June

In United States of America, house of representatives approved $3 trillion bill drafted by democrats. This may get a crucial aid to revive the economy of US.

US: House of representatives approve $3 trillion bill drafted by democrats

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