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Story summary
- The Federal Reserve raised interest rates by 25 basis points to 3.75%-4.00% on September 22, 2026.
- The U.S. Dollar index rose above 100.5, near its highest level since July 2026.
- Market pricing shows a 56% chance of an October rate hike, up from 43.5%.
- USD/JPY hovered near 157.50, leading traders to monitor potential yen-support intervention.
- The Bank of Japan raised rates last week, influencing the currency market.