Upcoming volatility expected at 30 Apr 09:00

Euro Area is releasing its GDP Growth Rate QoQ Flash news event later today, and because of this we are expecting a large increase in volatility following the event release at 30 Apr 09:00. 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 EMU GDP Growth Rate QoQ Flash
NZDUSD 16-24 pips 19-30 pips (26.40%)