Unfortunately, you did bad understand the Situation!
In this open currency war, what CHINA declared, can USA counterstrike with a massive 10%-20% devaluation of USD, this can be done by the 2 ways or their combination only:
1, Due or tripple printing of Dollars can devaluate the USA reserve currency as well
2, USA FED has to buy an enourmous amount of the gold through COMEX
to sold the printed dollars immediately and so with this hammer to knock down the USD strenght, to prevent further deflation and financial crisis at all !!!
Both of the scenarios are extinguishing the Rate Hikes in the near future following plan mentioned before a few days in my predictions sent to stallion, the Rate Hikes do not approach before Spring of 2016 as CHINA a bit stabilises!!!