Dovish Fed talks tapering: The Global Markets FX Week Ahead Podcast

The Jackson Hole Symposium saw a dovish speech from Federal Reserve Chair Powell, which sets the markets up for a window of dollar depreciation for the week ahead. The main takeaway, however, is that tapering is likely to come later this year, potentially starting in November or December.

Derek Halpenny, Head of Research for Global Markets EMEA and International Securities, outlines why the markets are keeping a close eye on upcoming data, such as the U.S. jobs report coming this Friday, and also gives his view as to why the taper plan could bear a striking resemblance to that of the 10-month program in 2014.

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