The Fed's policy direction has become the focus, and the dollar may face fluctuations in the short term.

[Block Rhythm] On September 17, Monex Europe analysts stated in a report that if the Fed does not signal consecutive rate cuts at Wednesday's meeting, the dollar could temporarily rise. The agency continues to expect that the Fed will restart a sustained easing cycle, but whether the FOMC is ready to explicitly support such an interest rate path remains to be seen. If the Fed's guidance is cautious, the dollar may extend its current slight rise. However, any rise should be short-lived, as the Fed may emphasize the weakness in the labor market.

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