Due to the Australia RBA Interest Rate Decision news event later today, we are expecting a large increase in volatility on the these instruments following the event release at 2022-09-06 14:30:
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 RBA Interest Rate Decision |
|---|---|---|
| AUDUSD | 15-25 pips | 46-88 pips (250.36%) |
| NZDUSD | 13-20 pips | 15-26 pips (27.14%) |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).