What are the reasons for the dollar's rise after the decision to fix interest yesterday

The dollar rose as investors continued to absorb the Federal Reserve's recent decision on monetary policy, but it was still trading near its 5-month low on Thursday.

The Fed kept interest rates unchanged at 4.5% as expected, but indicated that it would continue to reduce them to support the economy. The dollar initially fell after the decision, but the prospect of interest rate cuts may reduce the likelihood of a recession, and this may support the dollar in the medium term.

The Fed also downplayed the potential impact of tariffs on inflation, while lowering its growth forecasts.