Responses to Fed Powell's speech continue - new approach will see USD fall further

For a summary of Powell check out Adam in the wrap for Thursday:

• ForexLive Americas FX news wrap: Fed shifts to average inflation targeting

Comments from CIBC (in brief):

• will reinforce lower real yields
• will add to the dollar’s recent decline
• “The USD has lost its yield advantage over other currencies”
• “The two changes to the statement imply that the Fed is comfortable with lower administered rates for longer”
• “affirmation that the Fed is altering its statement on longer-run goals and MP strategy that will allow it to ‘seek’ inflation that averages 2% over time”

(CIBC remarks via Bloomberg )

Are books in the background compulsory when you are doing a Zoom thingy?