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.