After the Fed meeting, the dollar continues to rise while the pound is declining.

The US dollar rose on Friday, maintaining its recent recovery following the Federal Reserve's indication that there is no urgent need to lower interest rates. At 12:25 Turkish time, the Dollar Index, which tracks the dollar against six major currencies, increased by 0.2% to 103.710. The index had risen approximately 0.4% on Thursday, moving further away from the five-month low seen earlier this week.

Analysts at ING noted that the US data calendar is empty today, which may provide better opportunities for the dollar to continue gaining ground. They highlighted that the Federal Reserve's blackout period has officially ended, leaving room for adjustments in post-meeting communications as new data is released. Meanwhile, the pound fell following the Bank of England's decision to keep interest rates unchanged, while the euro also weakened amid concerns over potential trade implications from the US.