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Forex News: 04/11/2021 – Fed’s dovish taper lifts stocks but yields stay elevated, boost dollar

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Fed kicks off tapering but markets calm as Powell promises to be “patient” on rates. ECB also pushes back on rate hikes, but dollar wins FX race. Focus is now on Bank of England as pound slips again. Restart of Iran nuclear talks keeps pressure on oil ahead of OPEC decision.

0:00 Intro
0:21 Fed Taper
0:55 Market expectations
1:34 US Dollar
1:43 Euro
1:58 Bank of England
2:17 OPEC meeting
2:51 Events Ahead

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