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 2023-03-14 23:30:
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 |
|---|---|---|
| GBPUSD | 38-63 pips | 55-101 pips (60.39%) |
| NZDUSD | 23-38 pips | 45-80 pips (109.64%) |
| AUDUSD | 24-40 pips | 49-88 pips (115.63%) |
| USDCAD | 23-38 pips | 42-84 pips (117.85%) |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).