Hawkish vs Dovish: The Impact of Monetary Policy on Forex Trading

You may have heard a financial news anchor say something like “The central bank governor took a somewhat hawkish stance today following strong economic data.” The terms “hawkish” and “dovish” refer to whether central banks are more likely to tighten (hawkish) or loosen (dovish) their monetary policy. The policymakers at central banks determine whether to […]

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