Canada is releasing its Inflation Rate YoY news event later today, and because of this we are expecting a large increase in volatility following the event release at 20 Jan 00:30. 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 Inflation Rate YoY |
---|---|---|
USDCAD | 28-48 pips | 52-92 pips (90.15%) |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).