A mixed bag of data has just been released across the pond, but the dollar selling has continued today after the FOMC tip-toed around taper talk. Hawks are talking up Jackson Hole and more detail while more cautious watchers still believe the overall Fed message is quite dovish, especially concerning the path for rates. How many decent jobs reports does Jay Powell want to see? How long is “some ways to go”? We guess everyone can glean something from glacial steps towards normalisation, but at least the Fed are ahead of other major central banks. The policy and growth mix are in favour of the dollar (versus EUR, JPY, ... (full story)