Upcoming volatility expected at 01 Dec 13:30

Canada is releasing its GDP Growth Rate Annualized news event later today, and because of this we are expecting a large increase in volatility following the event release at 01 Dec 13:30. These are the instruments that may be affected:

The table below summarizes how the volatility of each instrument is expected to change during this news event.

Symbol Normal Movement Range Movement range during CA GDP Growth Rate Annualized
USDCAD 32-54 pips 68-109 pips (101.89%)