FOMC and the Risk of Disappointment | BK Asset Management: "Scenario #1 – No Taper, No Guidance, Decision Pushed to 2014 > Bearish USD (-USD/JPY, +EUR/USD)
Scenario #2 – No Taper, Signals Plan to Reduce Purchases in Early 2014 > Mildly Bearish USD (-USD/JPY, +EUR/USD)
Scenario #3 – Taper $5 – $10B, No Guidance, > Mildly Bullish USD (+USD/JPY, -EUR/USD)
Scenario #4 – Taper $15B – $20B, Strong Forward Guidance, > Bullish USD (+USD/JPY, -EUR/USD)"
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