Biden president times will create a inside demand of USA dollars.
It means rates will be slashed up a lot.
It means USA dollar on forex will Go higher.
As there will be less USA dollars.
Biden will make dollar strong.
But American economy will be weak
Let me try to answer you one after the other according to my knowledge of economics. The US economy is not weak, it is strong as a matter of fact, it was challenged a while ago but it has bounced back and will continue to move higher, unlike the recession that people feared about 2 years ago. And yes, the USD might continue to rise higher, and this is already been seen with the state of the USD index, more is expected over time, and thanks to the US economy for this.
Also, Biden is not the one to make the USD strong but the general effect of the policies of the leaders and how the Treasury and Federal Reserve handle the situation. Biden is just one out of many factors here, so it takes collectiveness to know where the USD will go (South or North). But as it is, the USD index is more encouraging, though it has not had a significant high or fall after the much gain during the year that inflation bit the world so hard. Lastly, for the rate cut, it is well-expected since inflation pushed the rate higher, and when the same is subsiding, it would definitely push it lower, and soon, I believe the FED will begin to cut rates.