Dovish

An economic outlook favoring lower interest rates.

Detailed Definition

Dovish refers to an economic outlook which generally favors lower interest rates. A 'dove' in central banking is an official who favors economic growth and employment over fighting inflation.

Related in Forex

Fiat Currency

Government-issued currency not backed by a physical commodity.

Lot Size

The standardized number of units of an asset traded.

Forex (FX)

The global market for trading currencies.