Dollar Could Rise Further After Fed Decision -- Market Talk

0830 GMT - Risks for the dollar appear more balanced after the positive impact of Wednesday's U.S. interest-rate rise has been absorbed, although they remain titled towards further gains in the near term, ING's Francesco Pesole says in a note. The Fed's signals for further tightening should allow markets to fully price in another rate rise in October if warranted by data and oil prices, he says. The Fed's pledge of monetary discipline are also supportive for the dollar along with oil prices remaining elevated, he says. ING expects the dollar to stabilize around current levels in coming months. The DXY dollar index is steady at 100.241 after reaching a one-and-a-half-month high of 100.367 overnight. (renae.dyer@wsj.com)

(END) Dow Jones Newswires

September 17, 2026 04:30 ET (08:30 GMT)