[ING: As the market focuses on the Fed and Middle East news, the dollar may continue to be supported] Reported by Golden Finance, Chris Turner from ING stated that as the market shifts its focus to the Federal Reserve's meeting, the dollar may continue to be supported. He wrote that there are no signs of de-escalation in the Middle East conflict, and the market seems to want to see news of a ceasefire before eliminating the risk premium supporting energy and the dollar. Until then, market attention will remain on the central bank's response. Turner noted that there is now a risk that U.S. inflation could rise to 3.5% this summer instead of 2.0%, and the Federal Open Market Committee may question the market's pricing of another rate cut this year. The dot plot could also push the median expectation for rate cuts to 2027. Investors are likely to wait for clear evidence of improvement in the conflict before attempting to assess the dollar's peak. The DXY dollar index is currently reported at 100.28.