Be very careful of upcoming volatility because of United States Inflation Rate YoY news event later today. We expect a large increase in volatility on the these instruments following the event release at 2023-02-15 00:30:
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 Inflation Rate YoY |
|---|---|---|
| AUDUSD | 24-40 pips | 40-75 pips (85.74%) |
| USDCAD | 22-38 pips | 42-84 pips (120.70%) |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).