Volatility alert for 07 Apr 01:30

Due to the Australia Balance of Trade news event later today, we are expecting a large increase in volatility on the these instruments following the event release at 07 Apr 01:30:

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 AU Balance of Trade
USDCHF 10-16 pips 15-24 pips (44.21%)
NZDUSD 16-25 pips 23-38 pips (49.70%)
USDCAD 14-22 pips 20-35 pips (56.66%)
EURUSD 12-20 pips 17-23 pips (14.49%)
GBPUSD 15-26 pips 21-38 pips (42.27%)
USDJPY 19-35 pips 29-53 pips (53.12%)
AUDUSD 14-23 pips 26-41 pips (75.02%)