[Strategist: The Recent Appreciation of the Dollar Seems to Be Nearing Its End] According to a report by Golden Finance on June 26, BCA Research forex strategist Artem Sakhbiev stated in a report that the recent rebound of the dollar appears somewhat excessive and lacks the support needed to break out of the trading range of the past year. During last week's meeting, the Federal Reserve raised its interest rate projections and explicitly emphasized its focus on inflation. This led to a significant rise in inflation-adjusted real yields and alleviated concerns about political pressure for rate cuts, thereby boosting the dollar. However, this trend now appears to have largely run its course. The Federal Reserve is likely to keep interest rates unchanged, and the spread between short-term and long-term yields may widen.