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Dovish

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Last Updated on: 16th February 2021, 12:02 pm

Dovish refers to a tone in a speech that demonstrates a particular action. Specifically, it’s associated with a situation where policymakers aim to increase the money supply by lowering the interest rates, the reserve rates, and/or expanding the open market operations. Consequently, a dovish tone used by a central bank weakens the currency.

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