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Hardy: Markets want clarity, but can and will the US Fed deliver?

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The US Federal Reserve faces the tough choice of whether or not to hike rates for the first time in almost a decade. Saxo Bank’s John Hardy looks at market developments and expectations ahead of the key decision and says FX traders more than anything wants the Fed to provide some clarity.

Hardy sets out his trading strategy ahead of the Fed's announcement, which is due later on Thursday when the Federal Open Market Committee concludes its two-day meeting.