Due to the United States Fed Interest Rate Decision news event later today, we are expecting a large increase in volatility on the these instruments following the event release at 16 Dec 06:00:
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 US Fed Interest Rate Decision |
|---|---|---|
| USDCAD | 20-32 pips | 85-126 pips (284.92%) |
| USDCHF | 13-20 pips | 55-80 pips (286.50%) |
| USDJPY | 13-22 pips | 48-71 pips (223.53%) |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).