Analysts forecast a stimulus package no matter which candidate wins, while investors increase bets that Biden would be the next US President.
U.S. President Donald Trump, still being treated for COVID-19, abruptly ended coronavirus aid talks with Democrat lawmakers until after the election.
The dollar stabilised on rising optimism that U.S. lawmakers could agree on new stimulus to blunt the economic impact of the coronavirus.
On Friday President Donald Trump tested positive for COVID-19, adding another layer of uncertainty just a month before November’s U.S. presidential election.
The Labor Department’s closely watched the last US employment report on Friday before the fiercely contested Nov. 3 presidential election.