Markets Navigate Trump Shooting Fallout: Dollar Stable, Bitcoin Jumps The dollar remained steady on Monday as markets grappled with the potential implications of the attempted assassination of former U.S. President Donald Trump on his 2024 election chances and subsequent market impacts. While initial reactions narrowed the odds of a Trump victory, traditionally seen as dollar-positive due to expectations of looser fiscal policy and increased trade tariffs, the currency’s gains were short-lived. Investors are balancing this political development against the Federal Reserve’s monetary policy outlook, with markets now fully pricing in a September rate cut following recent inflation data. Cryptocurrencies saw significant gains, with Bitcoin and Ether both rising. The complex interplay between potential political shifts, monetary policy expectations, and global economic factors is creating a nuanced environment for currency and crypto markets. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts US Dollar Emerges as New Funding Currency for Carry Trades READ MORE Oil Prices Recover Slightly Amid OPEC+ Supply Concerns READ MORE U.S. Labor Market: Key to Economic Stability in 2024 Amid Federal Reserve Decisions READ MORE Are Gold ETFs Backed By Physical Gold? READ MORE Oil Markets React to Missile Strike in Damascus Sparks Fear READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment