CoinVoice has recently learned that Nick Rees, senior foreign exchange market analyst at Monex Europe, stated that the Federal Reserve's latest interest rate decision marks the beginning of the FOMC extending its pause on rate cuts, although it is still too early to say this definitively.
Currently, it is expected that the Federal Reserve will remain on hold at least until the first half of 2025. If this is correct, it should support the upward movement of the dollar in the coming months. [Original link]