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How to trade a more hawkish surprise from FOMC: Hardy

The market continues to believe a rate hike at Wednesday's Federal Open Market Committee meeting is highly unlikely. Saxo's John Hardy thinks there is a 25-30% risk the FOMC could raise rates by 0.25%. He believes the market is ignoring the potential for a hawkish surprise.


Hardy discusses what FX traders could do ahead of the meeting. He explains why he is looking at a USDCAD call option. 

And you can read more about his #SaxoStrats trade here.

02:39 minutes
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