United States is releasing its Philadelphia Fed Manufacturing Index news event later today, and because of this we are expecting a large increase in volatility following the event release at 2023-05-18 22:30. 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 US Philadelphia Fed Manufacturing Index |
---|---|---|
USDJPY | 23-44 pips | 38-77 pips (75.59%) |
EURUSD | 21-35 pips | 29-51 pips (46.25%) |
USDCHF | 19-30 pips | 27-51 pips (68.13%) |
USDCAD | 23-39 pips | 29-52 pips (30.56%) |
NZDUSD | 17-28 pips | 23-39 pips (38.09%) |
AUDUSD | 18-31 pips | 27-50 pips (56.53%) |
GBPUSD | 31-52 pips | 56-104 pips (97.47%) |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).