Upcoming volatility expected at 22 Apr 07:30

Germany is releasing its Markit Manufacturing PMI Flash news event later today, and because of this we are expecting a large increase in volatility following the event release at 22 Apr 07:30. 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 DE Markit Manufacturing PMI Flash
USDCAD 23-38 pips 27-45 pips (19.23%)
GBPUSD 35-58 pips 45-65 pips (11.45%)
EURUSD 24-41 pips 33-50 pips (23.44%)
AUDUSD 19-31 pips 21-36 pips (16.10%)