According to CoinMeta, the futures market pricing suggests that the Federal Reserve will raise interest rates in December, with some bets even pointing to a significant increase of 50 basis points. Carl Shamota, the chief market strategist at Corpay, a US corporate payments and expense management company, stated in a report that a hawkish Federal Reserve is positive for the dollar, as "the continuously wide interest rate spread seems likely to continue to support the dollar before the end of the year." He added that "further gains may not come easily." He believes that the dollar is already overbought against the euro, pound, yen, and Canadian dollar, and is "vulnerable to shocks from expected eventual resets."