Be very careful of upcoming volatility because of Germany Inflation Rate YoY Prel news event later today. We expect a large increase in volatility on the these instruments following the event release at 04 Jan 00:00 GMT+11:
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 Inflation Rate YoY Prel |
---|---|---|
USDCAD | 39-68 pips | 43-76 pips (11.10%) |
USDJPY | 26-46 pips | 31-53 pips (15.20%) |
USDCHF | 26-43 pips | 35-62 pips (45.44%) |
EURUSD | 28-49 pips | 41-71 pips (42.61%) |