Volatility alert for 04 Jan 00:00

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%)