United States is releasing its Fed Interest Rate Decision news event later today, and because of this we are expecting a large increase in volatility following the event release at 2023-02-02 06:00. 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 US Fed Interest Rate Decision |
|---|---|---|
| USDCHF | 14-22 pips | 43-91 pips (300.98%) |
| GBPUSD | 22-38 pips | 97-167 pips (337.95%) |
| USDCAD | 21-35 pips | 70-116 pips (224.72%) |
| EURUSD | 16-26 pips | 56-116 pips (331.16%) |
| AUDUSD | 15-25 pips | 73-126 pips (398.61%) |
| NZDUSD | 15-25 pips | 63-107 pips (326.29%) |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).