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  1. If September hike - Buy USD/CAD; If September skipped - Buy AUD/JPY

    by , 09-17-2015 at 04:01 AM
    Citigroup made a forecast for Fed hike for today in technical and fundamental ways:
    • "Citi’s baseline is for a 25bps hike, but there remains considerable scope for surprise, as well as hifting communication to play a role. Ultimately we think the decision boils down to how the FOMC sees market conditions, and whether the recent volatility could lead the FOMC to temporarily postpone hiking."
    • "In our view we place a 25% chance of a hike, and 75% for no hike. Still, the risk/reward favors
    ...
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